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What is a personal representative of an estate in Colorado?

Personal Representative: A person at least 21, resident or non-resident of Colorado, who has been appointed to administer the estate of the Decedent; previously referred to as Executor/Executrix.

What are the three types of probate in Colorado?

In Colorado there are three types of probates for both wills and intestate estatesone for small estates (under $50,000 and no real property), one for uncontested estates (informal), and one for contested estates and invalid or questionable wills (formal).

How long can an estate stay open in Colorado?

* You can file your paperwork to close the estate informally 6 months after the date that the court named you as the Personal Representative, or one year after the decedent died, whichever date happens first.

How do I avoid probate in Colorado?

A common way to avoid probate is to create a trust, but the validity of trusts can be challenged in court. Also, trustees are subject to the same standards as personal representatives, and their actions can also be reviewed by a court.