Estate Administration in Longmont, Colorado

Find the right Estate Administration attorney in Longmont, CO

Estate administration, in basic terms, is the process of maintenance and distribution of a person's assets after they die.

If the decedent had the foresight to draft and execute a will in Longmont, Colorado, the estate is usually administered in a way that follows the instructions the will lays out, as closely as possible.

Most often, a will names a person to serve as executor, whose job it is to ensure that the estate is properly administered.

The executor is commonly the person who will get the most money or property out of the will if it is given effect, because this is the person who will have the greatest incentive to see that the probate process goes as quickly as possible.

What if The Will Does Not Name an Executor?

If a will in Longmont, Colorado is silent as to who should be the executor, it is up to the court to decide who should serve in that capacity.

Normally, the person chosen to be executor is the one who would benefit most under the will, or under Colorado's intestacy laws. "Intestacy" refers to a situation in which a person dies without a will, or "dies intestate." Every state has laws to address this situation, and there isn't a lot of variation from state to state. Normally, the decedent's property will go to his or her closest relative, and if absolutely no living relatives can be found, it will go to the state.

When a will is silent as to who should be the executor, any person who has some direct interest in the outcome can ask to be named executor by the Longmont, Colorado court.

Once an executor is appointed (whether by being named in the will, or on the application of another person), they "step into the shoes" of the estate, and are expected to protect its interests to the fullest extent possible. They also are required to accurately inventory the estate's debts and assets, as well as notify potential beneficiaries.

Can a Longmont, Colorado Estate Administration Attorney Help?

If you are the executor of an estate, and don't know how to handle some of the legal and financial intricacies that may arise, an accomplished Longmont, Colorado lawyer can make this process a great deal easier.

Talk to a Wills, Trusts and Estates Law Attorney now!

Life in Longmont

Longmont, Colorado is a home-rule municipality in Boulder and Weld Counties. It is located near the northeastern corner of Colorado, and has a population of about 86,000 people.

One of the largest employers in Longmont, Colorado is Seagate Technologies, with over 1,160 employees. Seagate is one of the largest manufacturers of hard drives in the world. This company employs a large number of engineers and manufacturers. It also employs several white-collar professionals, including some Longmont, Colorado lawyers.

Another large employer in Longmont is Amgen, one of the world's leading biotech companies, which also employs many Longmont, Colorado lawyers.

If you live in Longmont, Colorado and need legal advice, it's almost certain that you'll be able to find a Longmont, Colorado attorney who can help you with your legal issue.

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