Q: Hello, my father passed intestate. My sister and I are only heirs. Colorado probate. Question about asset division.
Probate will need to be open for a couple of years. I would like to get a written agreement in place with my sister to ensure we have a clean division of assets. Is there a particular legal form we should use in Colorado for that purpose? For various reasons, it is important to have a clear written agreement as soon as possible. Thank you!
A: There is not a particular form that I am aware of to outline an agreement of a division of assets. What you need is a brief agreement with your sister about the property division. It would say how it was distributed, that you are both OK with that, and a release of claims against both of you.
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