Probate Frequently Asked Questions
At Kaeble Law LLC, our attorney meets with many clients who have concerns regarding the probating of an estate. Even in the best of circumstances, probate can take time to complete, which can make things difficult for a family trying to move past the loss of a loved one. We wanted to take a few moments to address some of the questions we commonly receive from our probate clients.
I Don’t Understand Why Probate Is Necessary. Can You Explain Why We Have To Do This?
Probate is really the opportunity to get an accounting of the estate. Assets are collected, debts are paid and the remainder of the property is passed to intended beneficiaries listed in estate planning documents or according to Colorado’s intestate succession laws, if no will is present.
This can be a relatively complicated process, especially if beneficiaries have concerns over the validity of the will. Disputes can arise which can make probate take even longer to complete. We can provide you with detailed information about your options should you need assistance with any aspect of probate.
Do All Assets Have To Go Through Probate?
No. There are things that can be done to help pass along assets outside of the probate process. This may include using trusts, payable on death accounts and other methods of transferring property.
It is a good idea to discuss these options when creating your estate plan. Your strategy should allow you to take full advantage of all of the opportunities for you to pass property outside of probate. If you do not have such a plan in place, it could potentially result in assets being subject to forfeiture in order to pay the debts of the estate.
I Have Been Named As The Executor Of An Estate. Can You Help Me With That?
Absolutely. Our experienced lawyer and staff will work alongside you to help you carry out your objectives in a timely manner. You will be able to completely and fully address any issues that arise, and distribute the remaining assets to intended beneficiaries. We have more than 20 years of experience handling probate matters for families throughout Lakewood, Golden and the west Denver metro area.
Schedule Your Consultation
In the event you have more detailed questions about a probate issue you or your family is facing, call our office today at 720-759-3082 or send us an email to arrange a consultation to discuss your concerns.