Probate Inventory Form

Name: Colorado Inventory
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.62 (343 reviews)

Category:

Colorado Probate - Estates - Inventories

State:

Colorado

Control #:

CO-CPC-20

Format:

Instant download

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Public form

Description

Inventory: This is an official form from the Colorado Probate Court, which complies with all applicable laws and statutes. USLF amends and updates the Colorado Probate Court forms as is required by Colorado statutes and law.

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FAQ

Whether or not you have a will when you die, if you have $50,000 or less in personal property (includes bank accounts and cash) and no real property, your devisees or heirs may collect your assets by using an affidavit and not have to open a probate action through the court.

Your inventory should include the number of shares of each type of stock, the name of the corporation, and the name of the exchange on which the stock is traded. Meanwhile, you should note the total gross amount of a bond, the name of the entity that issued it, the interest rate on the bond, and its maturity date.

When calculating the value of an estate, the gross value is the sum of all asset values, and the net value is the gross value minus any debts: in other words, the actual worth of the estate.

To make a will self-proved in Colorado, the testator and witnesses must sign a self proving affidavit before a notary public. An affidavit is a sworn statement, and a notary public is an officer of the court. Therefore, an affidavit before a notary public is like making a statement in court.

In Colorado, if you own real estate titled only in your name and/or if the combined value of your assets is $64,000 or more, then your estate will be subject to probate even if you have a will.

Put important documents where the executor can find them. A typical executor spends a lot of time searching for pieces of paper: the will, bank statements, insurance policies, birth and marriage certificates, divorce decrees, military discharge papers, cemetery deeds2026 you get the idea.

Determine Your State's Laws Regarding Inventory Forms. Review the Instructions Provided. Identify Real Property. Identify Personal Property. Identify Bank Accounts. Identify Retirement Accounts. Identify Non-Probate Assets. File the Form With the Court.

In short, yes. Household items do have to go through the probate process as they are considered probate assets with no explicit or individual title. These assets (items like furniture, clothing, collections, artwork, jewelry, etc.)

If a person dies with a will, a petition to probate the will is filed with the probate court in the county where the deceased resided at the time of death, asking for letters testamentary to be issued, giving the executor authority to handle the estate affairs.

Probate Inventory Form

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How to fill out Colorado Inventory?

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FAQ

Do I need to file probate in Colorado?

How detailed does an estate inventory need to be?

How do you value items in an estate?

Do it yourself will Colorado?

How much does an estate have to be worth to go to probate in Colorado?

What information does an executor need?

How do you fill out inventory for a decedent's estate?

Do household items go through probate?

How do I get letters of testamentary in Colorado?

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