On April 10, 2015

Here’s what you should know when creating an inventory of assets for Colorado probate. Contact us for the best representation in Colorado probate.

Here’s what you should know when creating an inventory of assets for Colorado probate. Contact us for the best representation in Colorado probate.

Once a probate case has been opened and all of a decedent’s assets have been collected by the executor, the next important step to take in the probate process will be to create a comprehensive inventory of the assets. While this may not be a massive task for smaller estates, it can end up being quite involved when an estate includes substantial assets.

Taking a closer look at this step of the probate process, this blog series will outline the general steps to take when creating an inventory of assets for Colorado probate. While these steps can guide you through the inventory process, don’t hesitate to contact the trusted Denver probate attorneys at JR Phillips & Associates, PC for experienced help resolving a Colorado probate case.

Here’s How to Start Creating an Inventory of Assets for Colorado Probate

1 – Get the court probate inventory forms and carefully review them.

The first step in the process of creating an inventory of assets for Colorado probate will be to get the official forms from the court. In Colorado, this will be the “Decedent’s Estate Inventory” form (JDF 941 R10-12), which is accessible here.

Whether you end up downloading and printing these forms, picking them up from the court or having them mailed to you by the court, make sure that, upon receiving them, you carefully read and understand them. The way these forms are structured can give you a good idea of the types of assets you’ll be looking for/listing as part of this inventory.

2 – List out all real property of the decedent’s estate.

This includes any homes and/or real estate a decedent owned (upon his death) in the State of Colorado and anywhere else. As you list out each holding, be sure to:

  • Note the physical address of each piece of property
  • Briefly describe each property.

Be sure to look for the additional two installments of this blog series for the next steps to take as you put together an inventory of assets for Colorado probate.

Denver Probate Attorneys at JR Phillips & Associates, PC

When facing probate or any estate planning issue, you can turn to the Denver probate attorneys at JR Phillips & Associates, PC for experienced help and superior representation. We provide a thoughtful, comprehensive approach to our clients’ probate and other estate planning needs, and we take pride in helping each of our clients and their families resolve these matters as favorably and efficiently as possible.

Our goal is to help our clients efficiently navigate the complexities of the Colorado probate process so they can develop effective, prudent solutions that will protect them, their assets and their families in the future.

Contact Us

Let’s discuss your options during an initial consultation. To schedule this meeting, call us at (303) 741-2400 or email us using the contact form at the top of this page.

From our offices in Denver, we serve clients throughout the southwest and southeast Metro Area, including (but not limited to) people in Highlands Ranch, Littleton, Castle Rock, Parker, Aurora, Greenwood Village and Englewood.

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