Colorado: Mortgage Payments and Utilities During Probate
Managing Mortgage Payments and Utilities During Probate in Colorado Short answer When someone dies in Colorado and their estate goes through probate, the estate (through the personal representative) is responsible for administering the decedent’s debts and preserving estate property. Mortgages secured by real property do not disappear at death. If mortgage payments stop, a lender […]
Read article →Colorado: How to Decide Which Assets to List on a Small Estate Affidavit
Detailed Answer This article explains how to decide which assets to list on a Colorado small estate affidavit (sometimes called an affidavit for collection of personal property) and which assets you can leave blank or list as zero. It assumes you start with no legal background. This is an informational guide only and not legal […]
Read article →Colorado: How to Open an Estate to Transfer a Sibling’s House After an Intestate Death
Opening an estate for a deceased sibling’s house in Colorado: clear steps and what to expect Disclaimer: This is general information, not legal advice. For legal advice about your situation, consult a licensed Colorado attorney. Detailed answer — step-by-step overview under Colorado law If a person who owned a house died without a valid will […]
Read article →Colorado: Do Survivorship Assets Belong on a Probate Inventory?
Short answer Generally no. Assets that pass automatically on death by right of survivorship — for example, property held as joint tenants with right of survivorship (JTWROS), bank accounts with joint-title survivorship, transfer-on-death (TOD) or payable-on-death (POD) designations, and life insurance or retirement accounts with designated beneficiaries — usually pass outside of probate and are […]
Read article →Colorado: How to Locate a Missing Parent as Next‑of‑Kin During Probate
Detailed answer Short summary: If you are a next-of-kin trying to locate a missing parent while handling a Colorado probate, you should (1) open the probate or notify the court that an heir is missing, (2) carry out a documented, diligent search using public records and professional tools, (3) use court-authorized alternative service (usually service […]
Read article →Colorado: How to Verify a Bank Account Is Under the $20,000 Small‑Estate Limit
How to confirm a bank account falls under Colorado’s $20,000 small‑estate limit Short answer: In Colorado you can use the small‑estate affidavit to collect a decedent’s personal property when the total value of that personal property in Colorado does not exceed $20,000. To confirm a particular bank account qualifies, you must determine the account’s balance […]
Read article →Colorado: Using a Small-Estates Affidavit to Claim a Deceased Parent’s Bank Account
Disclaimer: I am not a lawyer. This article is informational only and does not constitute legal advice. For advice about your specific situation, consult a Colorado probate attorney. Overview of using a small-estate affidavit in Colorado If a person dies and their personal property (not real estate) is relatively small, Colorado law and court practice […]
Read article →Transferring Brokerage Assets into an Estate Checking Account in Colorado
How to move brokerage assets into an estate checking account in Colorado Short answer: Whether brokerage assets can be deposited into an estate checking account depends on how the brokerage account is titled and whether a beneficiary or transfer-on-death arrangement exists. If the account transfers outside probate (joint tenancy, payable-on-death, or named beneficiary), the broker […]
Read article →How to Sell a Co‑Owned Property in Colorado to Cover Funeral and Property Tax Expenses
How to sell a co‑owned property in Colorado to cover funeral and property tax expenses Disclaimer: This is general information only and is not legal advice. For specific legal guidance about your situation, consult a Colorado attorney. Detailed answer — step‑by‑step overview under Colorado law If you and one or more people co‑own real property […]
Read article →Colorado — How Sale Proceeds from a Deceased Parent’s Home Are Allocated
Detailed Answer Short overview: If a home owned by a person who has died is sold, the person or entity who gets the sale money depends on who owned the house and whether the property is part of the decedent’s probate estate, a trust, or owned jointly. That ownership and the presence of liens or […]
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