If at the time of death of the testator the named executor is deceased the court will appoint a successor. Another family member can petition to be appointed the executor or the family can nominate a successor who must be appointed by the court.
The court will appoint a different executor. In some cases that could be a lawyer or bank or another family member.
a grant of probate entitles the person named in a will as the executor to have the authority in all of the assets of a deceased person.
That is the job of the executor. They have to inventory the estate, value the property, resolve debts and then distribute the remainder.
An executor is the person (or people) who is/are responsible for settling the details of a deceased person's estate (ie debts, taxes, cost of the funeral arrangements and applying for a grant of probate) and after all the above are settled, distributing the residue of the estate as laid down in the will. The executor could charge a fee for doing this job and should keep good records of what has been done
To become an executor of an estate in Colorado, you need to be named as such in the deceased person's will. If you're not named, you can still apply to the probate court to be appointed as an executor. This involves filing a petition with the court and providing necessary documentation, such as the death certificate and the will. It's advisable to consult with an attorney familiar with Colorado probate laws to guide you through the process.
You fill out an application at the probate court. If there are no objections, the court will grant letters of authority.
When someone dies, the Probate Court issues a legal document to the Executor or Administrator to give them authority to dispose of the estate. The court issues Letters Testamentary to an Executor and Letters of Administration to an Administrator. That action by the court is formally known as the grant of representation.
You can make a request to the court for a draw or living allowance. If the assets are well documented, they are likely to grant the request.
A "letter of administration" is a document issued by the probate court to the person who is to administer an estate where there is no will. It proves that that person is officially the one to deal with concerning the estate. "Letters testamentary" is the name of the same type of document that is issued to an executor where there is a will.
You can apply to the court to be the executor. In most cases they will grant the letter of authority.
Yes. Generally that person would appoint an agent who can act on their behalf. You should discuss this with the attorney who is handling the estate. A simple "Appointment of Agent" form is available from the probate office. You could grant that power to the resident co-executor or some other trusted person who is available to co-sign for you as co-executor.
The court will appoint the executor and typically will grant it to the person the children request.
Your father can grant him a power of attorney. If he needs to represent the estate, he needs to be appoint executor by the probate court.