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What are the types of probate?

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What are the types of probate?

Probate is the process where the court finalizes your estate after your death. It helps to ensure everything occurs in a legal manner according to either your estate plan or the law. Not every part of your estate will go through probate, and some estates bypass the...

Will a trust bypass probate?

Many people want to avoid probate when planning their estates. A lot of the reasoning is due to misunderstanding how probate works, but in any case, it is nice to do what you can to ensure probate is a speedy process. That may mean making decisions that allow your...

Does an estate executor run liability risks?

Families that want to avoid probate do so mostly to reduce court costs and pass assets to children quicker than probate may allow. However, you might want to avoid probate for a different reason, to cut down on the legal risks your estate executor may run by managing...

Fees, time and other probate challenges

When someone passes away, their loved ones often endure a number of hardships, from emotional pain to financial uncertainty. Setting up an estate plan helps people account for these challenges and minimize the impact of their death. However, estate-related issues are...

Will my parent’s estate need to be probated?

Losing a parent is never easy, even if your parent was lucky enough to live a long and happy life. What can make the struggle even more difficult is if you have been designated to probate your parent’s estate. After all, most people in Lakewood do not have much...

Ways to pass on inheritances outside probate

Sometimes estates take months or even over a year to go through probate. Some families fear that a court will take a long time to settle the estate of a loved one, plus they may have concerns about the cost of going through probate. For these reasons, some families...

3 Probate myths explored

Some wills are specifically designed to avoid probate; others are less detailed. Some estates are intestate, meaning there is no will outlining the decedent’s wishes.  For the general public, probate may not be a familiar topic. It is nebulous and open to speculation,...

Navigating a probate dispute

The probate process can be complex for a host of reasons. Even when things go smoothly and no problems arise during the process, family members may have a hard time due to stress, uncertainty about various legal issues and other matters. However, when things go wrong,...

How can I avoid probate?

Probate is the process where Colorado ensures your wishes are followed after you die by having the court review your estate. Sometimes, it can be a lengthy process. In all cases, it costs money for fees. It is possible to avoid probate in some cases, though, according...