Do I need a Probate Attorney?
Although it is not required in the State of Colorado, it is highly recommended that you seek both legal and tax counsel regarding probate and estate related issues. Often times, attorneys who specialize in wills, trusts, estate and probate law provide a free consultation where you can discuss your specific situation.
We are not affiliated with any one attorney or law firm. We are merely providing contact information for attorneys and law firms that we have either worked with or know to be trustworthy and competent in the area of Probate, Estate and Trust Administration.
What do Probate Attorneys Cost?
Each attorney and law firm may have different fee structures, however, the most common are:
% of the Total Value of the Estate
Some attorneys charge an up front retainer fee and some bill on a monthly basis and some will wait until real estate properties or other assets are sold, generating funds to cover legal fees.
Personal Representative Liability
As the personal representative you may be liable to the beneficiaries for any loss to the estate and for any gain the estate should have realized, but did not. You should contact a probate attorney and seek their advice as to any potential problems that may arise.