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Can a family member be your executor?

Who should I choose to be an executor? It could be a friend or family member. They don't have to be related to you but it should be someone that you feel you can trust and who is willing to take on the responsibility of the role. The people you choose can also inherit something from your will.

Who can be appointed personal representative 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.

Who can be an executor in Colorado?

Your executor must be: at least 21 years old, and. of sound mind -- that is, not judged incapacitated by a court.

Who can be an executor in Colorado?

Your executor must be: at least 21 years old, and. of sound mind -- that is, not judged incapacitated by a court.

What is a person's representative?

Primary tabs. A personal representative is a person, appointed by will or the court, to administer the decedent's estate.

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What is a personal representative in Colorado?

A personal representative has a fiduciary duty to the estate, devisees, heirs, and other interested parties ,including creditors. A personal representative's specific duties included: 1. To act impartial in regards to all parties to the estate.

What is another name for a personal representative and what do they do?

A Personal Representative (commonly referred to as an Executor) of an estate is an individual or institution designated to administer the estate of a decedent.

Who is best to be an executor of a will?

Family members as executors If there's someone in your family who you think will handle the job well, it can be a good idea to have them as an executor. For example, it's common to name one of your children, a niece or nephew or an adult grandchild.

Who can be a personal representative in Colorado?

Under Colorado law, a personal representative must be of sound mind and over 20 years old. It is also a good idea to choose at least one successor personal representative who could serve if your primary personal representative is unable or unwilling to do so.

Is administrator and personal representative the same thing?

Generally, the person who oversees your estate is known as your \u201cpersonal representative.\u201d California law also refers to a personal representative as an \u201cexecutor\u201d or \u201cadministrator.\u201d All three terms describe the same function, although there is a legal distinction between their method of appointment.

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