Colorado Probate

Probate involves managing deceased estates in Colorado. Our attorney-drafted templates are quick and easy to complete.

intro Probate

Common Colorado Probate documents

  • Will — outlines how assets should be distributed after death.
  • Petition for Probate — requests the court to validate a will.
  • Letters Testamentary — authorizes an executor to administer an estate.
  • Letters of Administration — appoints an administrator for an estate without a will.
  • Inventory and Appraisement Forms — list and value the deceased's assets.
  • Final Accounting Forms — summarize all financial transactions during probate.

Similar documents: key differences

  • Will vs. Trust — a will distributes assets after death, while a trust can manage them during life.
  • Executor vs. Administrator — an executor is named in a will, an administrator is appointed by the court.
  • Letters Testamentary vs. Letters of Administration — the former is used when a will exists; the latter is for intestate estates.
  • Probate vs. Non-Probate Assets — probate assets go through the court process; non-probate assets transfer directly.

How to get started

Begin the process with these straightforward steps.

  • Identify a template or package that suits your needs.
  • Review the description, preview, and any signing requirements.
  • Gain full access through a subscription.
  • Complete the document using the online editor.
  • Export or send it: download, email, mail, notarize online, or send for e-signature.

FAQs

A trust can provide additional management of assets, while a will dictates distribution after death.

If no action is taken, the estate may go through intestate succession, which is dictated by state law.

It's advisable to review your estate plan every few years or after significant life changes.

Beneficiary designations can override will instructions for certain assets like life insurance.

Yes, you can appoint different individuals for financial and healthcare decisions in your estate plan.

Glossary

  • Probate - The legal process of administering a deceased person's estate.
  • Executor - A person appointed to carry out the terms of a will.
  • Administrator - A court-appointed person who manages an intestate estate.
  • Intestate - Dying without a valid will.
  • Testate - Dying with a valid will.
  • Beneficiary - A person designated to receive assets from an estate.
  • Asset - Any item of value owned by a person.
  • Heir - A person legally entitled to inherit from an estate.
  • Trust - A legal arrangement for managing assets for beneficiaries.
  • Will - A document that specifies how a person's assets are distributed after death.

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