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Beneficiary deeds enable real property owners in Colorado to transfer their property to a designated beneficiary upon death without having to go through probate, which may help save time and money in the administration of the estate. Under C.R.S.
If you are named in someones will as an executor, you may have to apply for probate. This is a legal document which gives you the authority to share out the estate of the person who has died according to the instructions in the will. You do not always need probate to be able to deal with the estate.
A Will might be considered invalid if: The Will has been forged. The deceased lacked mental capacity when writing their Will (also known as lacking testamentary capacity) The deceased was manipulated or pressured when writing their Will (known as undue influence)
failing to take account of all the money and property available. failing to take account of the possibility that a beneficiary may die before the person making the will. changing the will. If these alterations are not signed and witnessed, they are invalid.
A pour-over will only goes through probate if you have failed to attach all your assets to your living trust. The probate process with a pour-over will is much shorter than probate with a traditional will.
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Any mentally competent person who is at least eighteen years old may make a will. However, later proof of any fraud, duress, or undue influence by another person on the testator may cause the will to be invalid.
All wills and intestate estates must be probated, but the degrees of court involvement and complexity range from simple and inexpensive to complicated and costly.In Colorado there are three types of probates.
Heres an example: I give to my son, Alan John Smith, one-third of my estate. If Alan John Smith does not survive me, this inheritance should be distributed to Alan John Smiths descendants, per stirpes.
With a pour-over will, any assets not included in your trust are automatically transferred to your trust after you pass away. Think of it as a kind of safety net, capturing any property you didnt transfer to your trust while you were alive.
Revoking an Indiana Last Will and Testament An Indiana will may be revoked at any time by the testator by another written will or by destroying or mutilating the will, done either by the testator with the intent to revoke or by another person in the testators presence and at his direction.

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