Colorado Probate And Trust Administration Attorneys
The death of a family member or friend is a difficult time for anyone. Many times you need to transfer property out of the person’s name to handle all of his or her affairs. This transfer can only come after certain steps are taken. Our firm has experience in both probate and estate administration explained below.
Guiding You Through The Probate Process
Did your family member or friend die without a will? This is called dying “intestate.” In this scenario the surviving spouse has many rights and benefits.
Did they have a will? This is called dying “testate.” In this case, the will can control the distribution of the person’s assets as long as the will has followed the proper legal guidelines.
Did the deceased person have more than approximately $60,000 in property? If not, you may only need to file a simple affidavit and therefore avoid the entire probate process.
If their estate was worth more than approximately $60,000 or if they owned real estate, you will have to administer their estate through a process called probate. This means that the proper notices and court documents will need to be filed. If process is not followed correctly, the beneficiaries of the estate, family members and friends may be personally liable to creditors. Our firm can help you protect your assets during this difficult time and this difficult process.
Guiding You Through The Administration Of A Trust
If your family member or friend wrote a trust before passing away, you can avoid the probate process mentioned above. This can save thousands of dollars by allowing you to administer the estate privately without supervision of the court. Our firm has experience administering trusts and writing trusts to help your children and other family members save money by avoiding the potentially expensive probate process.
We are available to answer your questions about the probate process and assist you every step of the way. Call 719-900-3792 or toll free 866-765-0858 or email us to schedule a consultation. We have offices in Colorado Springs and Woodland Park to serve clients throughout the region.