Probate Administration in Denver
After the death of a loved one, and absent a fully funded trust for disposition of assets, the person’s estate typically must be probated, which is the process of managing, transferring, re-titling or otherwise distributing property of the deceased. This can be a daunting and sometimes bewildering process, especially when the family is still grieving.
Our probate administration lawyers have extensive experience in helping families through this difficult time and navigating the probate courts. We work with families throughout the state and have a thorough understanding of the local rules and procedures for Colorado’s district courts sitting in probate.
Whether an individual chooses formal or informal probate administration, there are particular requirements of which a Personal Representative, or executor, must be cognizant. A Personal Representative is responsible for:
- Collecting and inventorying the assets of an estate
- Managing the assets during the period of administration
- Paying the bills of the estate
- Putting creditors on notice and attending to claims
- Making proper distributions to the beneficiaries of the estate
- Closing the estate once the responsibilities have been completed
All of these activities must be done in compliance with the Colorado Probate Code.
If you need help with Colorado probate administration, contact us today to let our team of experts help you navigate the process and take some of the burden off your shoulders.