This form is a Personal Representative's Deed of Distribution where the grantor is the Personal Representative of an estate and the grantees are the beneficiaries of the estate. Grantor conveys the described property to the grantees. The Grantor warrants the title only as to events and acts while the property is held by the Personal Representative. This deed complies with all state statutory laws.
The Personal Representative Form in Colorado is a legal document used to appoint an individual to manage the affairs of a deceased person's estate. This formula, also known as the Probate Form or Letters of Administration, is an integral part of the probate process in Colorado. By completing this form, the person nominated as the personal representative obtains the legal authority to settle the decedent's estate. The Personal Representative Form in Colorado is customarily filed in the county where the decedent resided at the time of their death. The formula requires specific information about the deceased person, such as their full name, date of death, and last known address. It also asks for the personal representative's contact information, including their name, address, and phone number. Additionally, the Colorado Personal Representative Form may require additional details, such as the names and addresses of the deceased person's heirs or beneficiaries. This information is crucial in determining the proper distribution of assets to the rightful recipients. The state of Colorado recognizes different types of personal representative forms, each tailored to specific scenarios. Some common types include: 1. Personal Representative Form for Testate Estates: Used when the deceased person had a valid will. This form is applicable when the decedent has named a personal representative, also known as an executor, in their will. 2. Personal Representative Form for Intestate Estates: Applicable when the deceased person did not have a valid will. The personal representative, often referred to as an administrator, is appointed based on Colorado's intestate succession laws. 3. Personal Representative Form for Small Estates: Utilized when the estate's total value is below a certain threshold determined by Colorado law. This simplified form allows for a faster and less expensive probate process. 4. Personal Representative Form for Formal Probate: This form is used when the estate's value exceeds the small estate limit or involves more complex issues. It outlines a detailed and comprehensive probate process that involves court supervision. Regardless of the specific type, the Personal Representative Form in Colorado serves as a crucial document in initiating the probate process. It ensures that someone responsible is appointed to handle the estate's affairs, including inventorying assets, paying debts and taxes, and distributing remaining assets to the appropriate parties.