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Colorado Estate Planning Questions & Answers
1 Answer | Asked in Estate Planning for Colorado on
Q: What kind of provisions should I put in my will for my pet?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on May 16, 2017

There are no specific requirements per se in a will, but pets are considered legally incompetent so a simple devise to a pet is not a possibility. Colorado does allow limited rights for pets to be beneficiaries of specific types of trusts (be clear, a pet is still not treated the same as a human... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: I was a cosigner on my dad's bank account. He died, his name has been removed. Can I share info with beneficiaries?

Is this part of the assets or separate, because it is in my name?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Apr 25, 2017

With some exceptions and depending on the beneficiary rights to the account, all surviving co-owners should be the exclusive owners of the account. If your father's estate is headed for probate, it is prudent to wait to withdraw sums from the account until all parties are notified (and no... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: How do I leave my land to the state for a public park?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Apr 14, 2017

There a several ways to achieve this ranging from a simple devise in a will to inter vivos transfers/gifting (with or without a life estate interest), and many more options. You can contact the CO Parks and Wildlife to see if they are interested in the land and what their requirements are for a... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: My sister passed away in Feb of 2015. i took care of all of my sisters personal belongings. My mother never wanted them

I have not spoke to her in 2 years until I received a message saying she wanted my sisters belongings, and they she will be taking me to court if I don't give them to her. After 2 years of no contact or trying to gain possession does she have any legal ground to take them back?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Apr 11, 2017

There are a lot of unknowns here. Specifically, was the estate probated and was there a will? If the answer is no to both of these questions, your mother may have a claim (but the scope is uncertain). If the estate was probated (i.e. closed) and your mother was given notice she likely cannot... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: Does a will that left all to one living family need be changed to allow a non family to take possesion of a car?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Mar 24, 2017

If the will does not list an intended beneficiary as either a named individual or as a member of a class it must be modified or created anew to include the unlisted beneficiary.

1 Answer | Asked in Estate Planning for Colorado on
Q: can a non family, non benificiary take an auto left in a parents will leaving everything to him w/o benefic change?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Mar 24, 2017

First, review the title. If there are joint owners, the death of one owner automatically terminates their interest, so the other owner(s) get the deceased's interest in the car without having to enter probate (Colorado presumes joint tenancy as default for joint ownership, but it is possible... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: married here in Colorado. I want to leave my art work and jewelry to my daughter everything else to my husband.

Is there a way I can secure this!

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Mar 10, 2017

Yes you can with a will. Contact a lawyer for details.

1 Answer | Asked in Contracts, Criminal Law, Estate Planning and Family Law for Colorado on
Q: What can I do if a family member has the last will and testament and is keeping it from other family members? Illegal??

We belive our aunt has opened and viewed the will with out other present and is keeping it from the rest of the family. What can we do? Is this illegal?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Feb 19, 2017

There is no requirement that a will be viewed by all beneficiaries at the same time, but the personal representative (executor) must provide all interested parties with a copy of the will on request. If there is a probate case, you can make the request in probate. If not there are other legal means... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: What would be the advantages to putting my property into a living trust?
Kenneth V Zichi
Kenneth V Zichi
answered on Feb 10, 2017

There are advantages and disadvantages. This is ONE way to insure that if something happens to you there is someone else who has authority to handle affairs with the trust assets, it also CAN avoid probate (but if you do things wrong it can also DOUBLE the cost of probating an estate) and it CAN be... View More

1 Answer | Asked in Estate Planning and Elder Law for Colorado on
Q: I am caring for my 88 yr old mother. If she enters extended care can the state sell her home to pay costs?

I own a home also but want to sell it so we have more money for expenses but don't want to find i don't have a place to live if we must sell this house to pay for costs. I am power of attorney and on the deed.

Kenneth V Zichi
Kenneth V Zichi
answered on Jan 17, 2017

This is a far more complicated question than it might appear at first. Please appreciate the government can't just come and take someone's home. Unless of course you EXPECT the government to give you money. If you can pay for your own care, this never becomes an issue. That said, a... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: Can someone create a legal Will for me without me knowing? How does one void a Will?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 12, 2017

A person can draft a will (i.e. create a will), but a person cannot sign of you (unless you are legally found to be mentally incompetent or physically unable to sign--even then witnesses will need to be present). In other words, baring unusual circumstances a person cannot create a legally binding... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: Does a personal representative have to go to court?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 12, 2017

It depends on the nature of the estate. A PR only has to appear in a courtroom (in front of a judge) if there is a legal challenge or a legal claim arising from the estate. A PR will likely need to go to the courthouse to file various paperwork (i.e. go to the clerk's office). If there is... View More

2 Answers | Asked in Energy, Oil and Gas, Estate Planning and Probate for Colorado on
Q: I have a non compliant trustee my sister's will .what should be done

She died 4/96 still hasn't been probated in ok. Where mineral rights are.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 6, 2017

At this point the best approach is to contact a probate attorney to discuss your case and potential claims against the trustee. As an aside, it is beyond strange that the estate has not been probated for such a long time (unless complex litigation with appeal occurred with the estate). Make sure to... View More

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1 Answer | Asked in Estate Planning for Colorado on
Q: Where can I download the proper Power of Attorney forms and the Medical Power of Attorney form and the Living Will Form?

These forms will be used for my wife and me only.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Dec 19, 2016

Repeat question. See prior answer.

1 Answer | Asked in Estate Planning for Colorado on
Q: Where on the internet can I download the proper forms for General POA, Durable POA, Living Will, and Medical POA?

My wife and I are interested in the POA's and Living Wills for ourselves.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Dec 19, 2016

All of the documents that you mentioned are available from multiple sources, the issue is what you get.

(1) Free on the internet-various sites have free forms. They can be ok, but are non-specific and can omit/limit issues you care about.

(2) Pay sites (not law firms). Various sites...
View More

1 Answer | Asked in Estate Planning for Colorado on
Q: What is a personal representative responsible for in probate?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Dec 14, 2016

A PR is responsible for the proper management of an estate. This means, notifying beneficiaries/creditors, paying some bills (e.g. mortgage payments, home insurance, and last credit card statements), filing papers with the courts, paying taxes, and generally making sure that an estate is... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: How much property do I have to have for my estate to be subject to probate?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 22, 2016

This is a link to the Denver Bar Association's explanation of probate requirements (these rules are the same in all Colorado counties). Link: http://www.denbar.org/index.cfm/ID/20881 .

1 Answer | Asked in Estate Planning for Colorado on
Q: wife died intestate. owned a house, has 3 adult children, one living in it. What happens to the property?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 5, 2016

Here is a link to the CO Courts webpage (look under "estate cases" and then "open an estate"): http://www.intotolegal.com/upcoming%20Events/Forms.html . This has all the forms and an explanation of how property is divided.

1 Answer | Asked in Estate Planning for Colorado on
Q: My parents are in assisted living - they would like me and my sister to have access to their accounts to help pay bills.

If either me or my sister ever has a judgement issued against us, would our parents money be subject to a lien or seizure of assets?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Oct 25, 2016

There are some exceptions (like everything in law), but if you and your sister only have power of attorney or conservatorship (formally or informally in both situations) creditors cannot attach to your parent's assets. Creditors can attach if you (or your sister) have a partial or total... View More

1 Answer | Asked in Estate Planning for Colorado on
Q: Can grandchildren make a claim to their grandparents estate if their parent passed prior to the decedent?

My grandfather recently passed away. Without getting into discussions about what "should" have happened, just prior to his passing, my grandfather created a will and living trust. After he passed, one of my aunts claimed he had revoked that paperwork. Without a will, the property... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Oct 3, 2016

I highly recommend that you contact a probate attorney. Without getting into all the possible permutations, these are the general rules. The living will/trust should control UNLESS it was validly repudiated prior to death (it sounds like this is in dispute). If no will exists (aka intestate), the... View More

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