Colorado Sample Letter for Arrangement of Meeting for Estate
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How to fill out Sample Letter For Arrangement Of Meeting For Estate?
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FAQ
Duties of an estate's personal representative: To settle the affairs of estates ? appraisals, creditors, taxes, and distributions promptly ? to use appropriate means of asset protection and to conserve the estate's assets; and to act in the beneficiaries' best interests at all times.
Colorado uses the term "personal representative" instead of executor, but the duties are the same.
Personal Representative: A person at least 21, resident or non-resident of Colorado, who has been appointed to administer the estate of the Decedent; previously referred to as Executor/Executrix.
There is no explicit rule how much an executor (?personal representative?) of a Colorado estate may charge. ?A personal representative is entitled to reasonable compensation for his or her services.? COLO REV STAT § 15-12-719(1).
Who Gets What in Colorado? If you die with:here's what happens:children but no spousechildren inherit everythingspouse but no descendantsspouse inherits everythingspouse and descendants from you and that spouse, and the spouse has no other descendantsspouse inherits everything5 more rows
