How to properly document and file receipts for payments to heirs or service providers in an estate (CO)
FAQ: How to properly document and file receipts for payments to heirs or service providers in an estate (Colorado) Short answer: In Colorado, a personal representative (executor/administrator) should create clear, dated, signed receipts and supporting documentation for every payment from the estate — whether to heirs, beneficiaries, or service providers — keep originals in the […]
Read article →What steps ensure third-party claims and payments are accurately recorded in Colorado probate filings?
How to ensure third-party claims and payments are accurately recorded in probate filings in Colorado Short answer: Create a clear, auditable record from intake to final accounting: identify every third-party claim and any related insurance or settlement payment; require written proof; post the claim in the estate ledger; deposit and reconcile all payments in a […]
Read article →How can next of kin qualify to be appointed as the estate administrator in CO?
Detailed answer: How a next of kin can qualify to be appointed as the estate administrator in Colorado Short answer: In Colorado, a next of kin can qualify to be appointed as the estate administrator (often called a personal representative or administrator) by meeting the statutory priority rules, being legally competent and over 18, filing […]
Read article →What documents are required to apply for probate appointment and oath in Colorado (CO)?
Disclaimer: This is general information and not legal advice. I am not a lawyer. For guidance about your situation, consult a licensed Colorado attorney or your local probate court. Detailed Answer — Documents required to apply for probate appointment and oath in Colorado When a person dies in Colorado and an estate needs administration, someone […]
Read article →Which statements and financial documents are required for annual and final probate accountings in Colorado (CO)?
Detailed Answer — What statements and financial documents are required for annual and final probate accountings in Colorado Short answer: For both annual and final probate accountings in Colorado you must produce a clear, itemized accounting that shows what the estate owned at the start, all receipts and disbursements while the estate was administered, the […]
Read article →What steps can heirs take to resolve an elective share dispute through mediation in Colorado (CO)?
Resolving an elective share dispute through mediation in Colorado: a practical FAQ Disclaimer: This is educational information, not legal advice. I am not a lawyer. For advice about your specific situation, consult a Colorado probate attorney. Detailed Answer — How heirs can use mediation to resolve a Colorado elective share dispute An elective share dispute […]
Read article →What is the process for negotiating a creditor’s payoff amount in estate administration? (CO)
FAQ: Negotiating a creditor’s payoff amount during Colorado estate administration Short answer: The personal representative (executor or administrator) reviews and verifies creditor claims, attempts to resolve or compromise valid claims by negotiation and documentation, pays approved claims from estate assets in the order required by law, and seeks court approval when the law or an […]
Read article →What steps can be taken to verify or contest a creditor’s payoff quote on an estate debt? – Colorado (CO)
Detailed Answer Short answer: You can (1) demand a written, itemized payoff statement and account records; (2) verify the debt, interest, fees, and credits against the estate’s records; and (3) formally dispute the payoff in writing and, if needed, in Colorado probate court so the personal representative or the court can disallow or reduce the […]
Read article →How to submit an affidavit accounting for personal property in a small estate case — Colorado (CO)
Detailed Answer This article explains how to prepare and submit an affidavit to collect or account for a decedent’s personal property under Colorado small‑estate procedures. It summarizes the typical steps, the documents you will need, and what to expect when you present the affidavit to a bank, other custodian, or the court. This is a […]
Read article →What records are needed to show asset transfers under small estate procedures in Colorado (CO)?
Detailed Answer Short answer: To show asset transfers under Colorado small‑estate procedures you will typically need a certified copy of the decedent’s death certificate, a completed small‑estate affidavit (or other court form), and original or official records that show ownership and value for each asset (bank statements, account statements, vehicle title, life‑insurance policy, deed or […]
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