Legal Question in Wills and Trusts in Colorado

Determine if a probate is also necessary

Provided that the probate property that was not held in trust at the time of death is not real estate and does not

exceed $50,000 in value, there is no need to open a probate proceeding. However, if the living trust was not funded and there is a significant amount of property outside the trust, it may be necessary to manage and coordinate both a probate

proceeding and a trust administration at the same time.