Probate Laws Vary From State to State
Probate refers to the process by which an individual’s recently deceased assets are transferred to their heirs. The probate court will validate the decedent’s last will and testament, distribute assets to the heirs, and settle all debts as part of this legal procedure.
Most people make a last will and testament to state their wishes and instructions for how their estate should be handled. The will must be shown to be valid during the probate process—that is, to be a legal document.
Without a will, the court must decide how to divide the deceased person’s estate’s assets among their loved ones, so probate may still be necessary.
If you inherit a home from a decedent, you can start probate by filing a petition with the court.
A will may not prevent probate entirely; however, certain assets may not have to go through the probate process and a will acts to set out the terms that direct the process, and not all wills require probate. Contact Baker Law Group today to get the assistance you need from a Colorado Probate Attorney.