Joint Tenancy & Probate FAQs (Pt. 2)

On April 30, 2015

Resuming Joint Tenancy & Probate FAQs (Pt. 1), here, more questions regarding these estate planning issues will be answered. Joint Tenancy & Probate: Here’s What Else You Should Know Q – Are there tax repercussions of joint tenancy in probate? A – There can be, and again, the specifics of a given situation will dictate just whether and what these tax implications may be. When it comes to taxes for property held in joint tenancy, the following may be the…
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Joint Tenancy & Probate FAQs (Pt. 1)

On April 25, 2015

Joint tenancy can provide people with a way of transferring real or personal property to surviving loved ones after passing way, effectively preventing this property from having to be probated. Although joint tenancy may not fully eclipse the need for a decedent’s estate to go through probate, it can help get some significant assets to loved ones much faster (and likely much cheaper) than would otherwise be possible. Taking a closer look at this, this blog series will answer some…
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How to Create an Inventory of Assets for Colorado Probate: 8 Steps (Pt. 3)

On April 20, 2015

Wrapping up our blog series How to Create an Inventory of Assets for Colorado Probate: 8 Steps, here, we will reveal the final steps to take in order to complete this phase of the probate process. Final Steps in Creating an Inventory of Assets for Colorado Probate 6 – Outline all assets that are not subject to the probate process. While this may seem counterintuitive, it is an important step when creating an inventory of assets for Colorado probate. This…
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How to Create an Inventory of Assets for Colorado Probate: 8 Steps (Pt. 2)

On April 15, 2015

Resuming How to Create an Inventory of Assets for Colorado Probate: 8 Steps (Pt. 1), here, we will point out the next steps to take as you continue compiling a comprehensive inventory of a decedent’s estate. The Next Steps to Take in Creating an Inventory of Assets for Colorado Probate 3 – Detail all personal property assets. This part of the inventory for Colorado probate should specifically list out all personal property the decedent owned at the time of his…
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How to Create an Inventory of Assets for Colorado Probate: 8 Steps (Pt. 1)

On April 10, 2015

Once a probate case has been opened and all of a decedent’s assets have been collected by the executor, the next important step to take in the probate process will be to create a comprehensive inventory of the assets. While this may not be a massive task for smaller estates, it can end up being quite involved when an estate includes substantial assets. Taking a closer look at this step of the probate process, this blog series will outline the…
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5 Main Types of Advance Medical Directives: An Overview (Pt. 3)

On April 5, 2015

Here’s the conclusion to our blog series 5 Main Types of Advance Medical Directives: An Overview. Final Type of Advance Medical Directive – Organ and Tissues Donation Declarations These directives can be included in living wills, stand-alone documents or even on drivers’ licenses. With these declarations as advance medical directives, people can: Specify who should receive certain organ donations List a preference for organ recipients Prevent their organs from being donated. Advance Medical Directives: More Important Info While we have…
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