Administering an estate or trust? Were taxes filed before the person died? How would you know? The IRS allows access to previously filed returns with authority. An unpaid income tax bill is common. Hopefully, there is a recorded lien to alert you. But some go unnoticed. This problem occurs at every income scale. As a […]
Auctioning off a property is quick. It gets the property sold. However, it comes at a cost. When real estate in an estate or trust sits on the market for too long, the heirs may start to get impatient. Even if you listed the property for market value, you may not get any offers. An […]
Service Animal/Emotional Support Animal If you are a landlord, you might have come across this with tenants: the request of a service animal or an emotional support animal in the rental. In many cases, the disability is real; service animals are trained dogs (can also be a miniature horse) to provide a specific task for […]
Along with probate law, our law firm represents landlords and tenants. Many times I will have a landlord or tenant asking to consult on a lease after something bad has happened. Some of these problems can be averted. And they can be addressed even before the lease starts. Are you a tenant and about to […]
I recently read an article that posed the question whether you should put your home in a living trust. The author did not like probate. If you from a larger city, I don’t blame her: Probate proceedings in different states with larger populations can get expensive and lengthy (Relatively, Colorado is a much cheaper state […]
You might be considering the possibility of filing a conservatorship or guardianship to assist someone else or a loved one. There are many options, and a court proceeding is one of them. Assuming the role as conservator or guardian is an important responsibility. These proceedings give a lot of power to do many things. However, […]
If you are the executor or the personal representative of an estate, chances are you received a claim in the mail for the decedent. Most likely, it is an unpaid credit card bill. That bill has now been forwarded to collections and they are asking you, the next of kin, to personally pay it. Rest […]
Managing an estate is much like managing a trust or a conservatorship. It primarily involves gathering the assets, managing them for creditors, heirs, or any interested persons, and then distributing the assets to the rightful people upon conclusion. With all these entities, there are things you need if you want to effectively administer assets for another […]
As the nominated personal representative or the successor of an estate, you have a lot of options to consider. Whatever you do consider, please also review the duties you have to the estate in general, including to the creditors and to the beneficiaries of the estate from the Colorado Bar Association’s article: So Now You Are […]
Estate Taxes? “Rolling in the Deep”
/in Probate and Estate Articles /by Zachary ReamsAdministering an estate or trust? Were taxes filed before the person died? How would you know? The IRS allows access to previously filed returns with authority. An unpaid income tax bill is common. Hopefully, there is a recorded lien to alert you. But some go unnoticed. This problem occurs at every income scale. As a […]
Auctioning Estate Property has Consequences
/in Probate and Estate Articles, Sales and Auctions /by Zachary ReamsAuctioning off a property is quick. It gets the property sold. However, it comes at a cost. When real estate in an estate or trust sits on the market for too long, the heirs may start to get impatient. Even if you listed the property for market value, you may not get any offers. An […]
Tenant, no pets…..what the &$#&% is a service animal?
/in Landlord Tenant /by Zachary ReamsService Animal/Emotional Support Animal If you are a landlord, you might have come across this with tenants: the request of a service animal or an emotional support animal in the rental. In many cases, the disability is real; service animals are trained dogs (can also be a miniature horse) to provide a specific task for […]
Four Estate Planning Questions You Should Answer Before Preparing a Will
/in Probate and Estate Articles /by Zachary Reams6 Things a Tenant Should Consider Before Signing a Lease
/in Landlord Tenant /by Zachary ReamsAlong with probate law, our law firm represents landlords and tenants. Many times I will have a landlord or tenant asking to consult on a lease after something bad has happened. Some of these problems can be averted. And they can be addressed even before the lease starts. Are you a tenant and about to […]
Do I need a Trust? Consider a beneficiary deed
/in Probate and Estate Articles /by Zachary ReamsI recently read an article that posed the question whether you should put your home in a living trust. The author did not like probate. If you from a larger city, I don’t blame her: Probate proceedings in different states with larger populations can get expensive and lengthy (Relatively, Colorado is a much cheaper state […]
Do you need to file a Conservatorship or Guardianship?
/in Conservatorship/Guardianship /by Zachary ReamsYou might be considering the possibility of filing a conservatorship or guardianship to assist someone else or a loved one. There are many options, and a court proceeding is one of them. Assuming the role as conservator or guardian is an important responsibility. These proceedings give a lot of power to do many things. However, […]
I received a claim in an Estate. What do I do now?
/in Probate and Estate Articles /by Zachary ReamsIf you are the executor or the personal representative of an estate, chances are you received a claim in the mail for the decedent. Most likely, it is an unpaid credit card bill. That bill has now been forwarded to collections and they are asking you, the next of kin, to personally pay it. Rest […]
5 Easy Steps to Effectively Administer an Estate or Trust or Conservatorship
/in Probate and Estate Articles /by Zachary ReamsManaging an estate is much like managing a trust or a conservatorship. It primarily involves gathering the assets, managing them for creditors, heirs, or any interested persons, and then distributing the assets to the rightful people upon conclusion. With all these entities, there are things you need if you want to effectively administer assets for another […]
Family member has died. Do I need to file a probate proceeding? Consider a Small Estate Affidavit.
/in Probate and Estate Articles /by Zachary ReamsAs the nominated personal representative or the successor of an estate, you have a lot of options to consider. Whatever you do consider, please also review the duties you have to the estate in general, including to the creditors and to the beneficiaries of the estate from the Colorado Bar Association’s article: So Now You Are […]