by Kelly Law Firm | Jun 9, 2021 | Blog, Estate Planning, Probate
What is a Personal Representative Deed? When someone dies owning an interest in real estate, the legal instrument used to transfer the property to either a buyer or a beneficiary is a Personal Representative Deed. This provides essential information about the specific...
by Kelly Law Firm | Jun 4, 2021 | Blog, Probate
Fact: Having a Will might not be enough to avoid probate. In Colorado, if you own real estate titled only in your name and/or if the combined value of your assets is $70,000 or more, then your estate will be subject to probate – even if you have a Will. Only... by Kelly Law Firm | Jun 4, 2021 | Blog, Probate
Fact: The truth is most estates are finished with probate within a year and Colorado has laws which have made the process more streamlined in recent years. There is a mandatory waiting period of six months – the creditor claim period – in Colorado. This... by Kelly Law Firm | May 26, 2021 | Blog, Probate
What is Probate? Probate is the official way an estate is settled under the supervision of the court. A personal representative, usually a surviving spouse or an adult child of the deceased, is appointed by the court if there is no Will, or nominated by the deceased...