Thornton Colorado Statement Of Personal Representative Closing Small Estate Pursuant To Sec.15-12-1204, C.R.S

• Category: Colorado Probate - Statewide - Small Estates
• State: Colorado
• City: Thornton
• Control #: CO-JDF-966
• Format: Word; PDF; Rich Text

Description

This form is used by the personal representative of a decedent's small estate to finalize matters and close the estate with the court. This is an official form from the Colorado State Judicial Branch, which complies with all applicable laws and statutes. USLF amends and updates the forms as is required by Colorado statutes and law. The Thornton Colorado Statement Of Personal Representative Closing Small Estate Pursuant To §15-12-1204, C.R.S is a legal document used in Thornton, Colorado, to finalize the administration of a small estate. This statement is crucial for the personal representative (appointed by the court or named in a will) to officially close the estate and ensure that all assets are distributed according to the law. The process of closing a small estate in Thornton, Colorado involves several essential steps outlined in this statement. It is important to note that there may be different types of statements of personal representative closing small estates that vary based on the circumstances. Here are some keywords relevant to the topic: 1. Small Estate: A small estate refers to an estate with a total value that falls below a certain threshold determined by state law, making it eligible for simplified probate procedures. 2. Personal Representative: The personal representative is an individual appointed by the court or named in the decedent's will to manage the estate's affairs, including gathering assets, paying debts, and distributing them to beneficiaries. 3. Closing Statement: The closing statement is a legal document that outlines the final steps taken by the personal representative to close the estate, including distributing assets and settling any remaining debts. 4. §15-12-1204, C.R.S: This refers to the specific section of the Colorado Revised Statutes that details the requirements and procedures for closing a small estate in Thornton, Colorado. 5. Distribution of Assets: This refers to the process of transferring the decedent's assets to the rightful beneficiaries or heirs outlined in the will or determined by the court. 6. Probate Procedure: Probate is a legal process that validates a will, identifies and gathers the decedent's assets, settles debts, and distributes the remaining assets to beneficiaries or heirs. 7. Affidavit of Collection: A specific type of closing statement that may be required for small estates with limited assets, where the personal representative submits an affidavit to collect specific property or assets. 8. C.R.S: An abbreviation for "Colorado Revised Statutes," which is the collection of laws enacted by the Colorado Legislature. In conclusion, the Thornton Colorado Statement Of Personal Representative Closing Small Estate Pursuant To §15-12-1204, C.R.S is a crucial legal document used to finalize the administration of a small estate in Thornton, Colorado. It outlines the necessary steps for the personal representative to officially close the estate, distribute assets, and settle any remaining debts.

The Thornton Colorado Statement Of Personal Representative Closing Small Estate Pursuant To §15-12-1204, C.R.S is a legal document used in Thornton, Colorado, to finalize the administration of a small estate. This statement is crucial for the personal representative (appointed by the court or named in a will) to officially close the estate and ensure that all assets are distributed according to the law. The process of closing a small estate in Thornton, Colorado involves several essential steps outlined in this statement. It is important to note that there may be different types of statements of personal representative closing small estates that vary based on the circumstances. Here are some keywords relevant to the topic: 1. Small Estate: A small estate refers to an estate with a total value that falls below a certain threshold determined by state law, making it eligible for simplified probate procedures. 2. Personal Representative: The personal representative is an individual appointed by the court or named in the decedent's will to manage the estate's affairs, including gathering assets, paying debts, and distributing them to beneficiaries. 3. Closing Statement: The closing statement is a legal document that outlines the final steps taken by the personal representative to close the estate, including distributing assets and settling any remaining debts. 4. §15-12-1204, C.R.S: This refers to the specific section of the Colorado Revised Statutes that details the requirements and procedures for closing a small estate in Thornton, Colorado. 5. Distribution of Assets: This refers to the process of transferring the decedent's assets to the rightful beneficiaries or heirs outlined in the will or determined by the court. 6. Probate Procedure: Probate is a legal process that validates a will, identifies and gathers the decedent's assets, settles debts, and distributes the remaining assets to beneficiaries or heirs. 7. Affidavit of Collection: A specific type of closing statement that may be required for small estates with limited assets, where the personal representative submits an affidavit to collect specific property or assets. 8. C.R.S: An abbreviation for "Colorado Revised Statutes," which is the collection of laws enacted by the Colorado Legislature. In conclusion, the Thornton Colorado Statement Of Personal Representative Closing Small Estate Pursuant To §15-12-1204, C.R.S is a crucial legal document used to finalize the administration of a small estate in Thornton, Colorado. It outlines the necessary steps for the personal representative to officially close the estate, distribute assets, and settle any remaining debts.