Legal Question in Wills and Trusts in Colorado

Small Estate

There is very little property, do we have to go through probate?


Asked on 1/17/05, 2:03 pm

1 Answer from Attorneys

Jon Kelly Jon Lewis Kelly Attorney At Law PC

Small estate proceedings

Not necessarily. If the probate assets of the estate do not exceed $50,000, less liens and encumbrances, the estate may be administered by an affidavit without going to court. However, this doesn��t work when an interest in real estate is involved. Under some circumstances, very small probate estates can be closed right away without giving notice to creditors.

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Answered on 12/31/69, 7:00 pm


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