When an individual drafts a will, they generally also appoint an executor, now known as a personal representative in Colorado, to administer their estate. If they fail to do so, or the selected one doesn't or isn't able to perform their duties, then a judge will appoint one. Once chosen for that role, that individual is responsible for administering the testator, or will writer's, estate.
During the estate administration process, issues can crop up for a number of different reasons. In some cases, siblings simply can't get along. In others, they think the will is a fraud or that it doesn't accurately reflect what their parents would have wanted. There are numerous reasons for will contests, challenges and lengthy court cases.
Do you think that your loved one wrote a will that does not accurately reflect their wishes? Perhaps you're concerned about undue influence. It's a valid concern, and you need to know what options you have.
If a loved one passed away and you're in line for an inheritance, it's natural to wonder when you'll get it. In fact, that's one of the most common questions people have in this situation. You know that money is coming your way, but should you expect it in a few days or a few months?
When you hear about two heirs who get into a dispute over a will and have a life-long falling out after the fact, you probably assume that it's about money. You wonder why people let financial gain get in the way of their relationships with their siblings.
By Bruce Alan Danford, Esq.