Personal Representative Form Colorado
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FAQ
A Colorado court will appoint a person (a ?per- sonal representative?) to administer the probate estate. The personal representative should: ? Gather the assets of the estate ? Pay debts and final expenses, and ? Distribute the remaining assets.
By Petition to the Court (Formal Proceeding). The Probate Judge, Magistrate or Registrar may appoint a Personal Representative and determine Heirs after notice to all Interested Persons and after hearing on any objections. If you need assistance with legal decisions, you should contact an attorney.
(7) A personal representative appointed by a court of the decedent's domicile has priority over all other persons except where the decedent's will nominates different persons to be personal representative in this state and in the state of domicile.
Co-personal representatives are two (or more) people named as personal representative simultaneously. Successor personal representatives are named as backups in case your first choice is unable to serve whether by reason of death, incapacity or unwillingness to serve.
Under Colorado law, a personal representative must be of sound mind and over 20 years old. It is also a good idea to choose at least one successor personal representative who could serve if your primary personal representative is unable or unwilling to do so.