Twelve Common Misconceptions About The Colorado Probate Process

By DouglasTurner.com • Jan 4th, 2010 • Category: Common Misconceptions About Colorado Probate

Our office routinely handles the same questions or misconceptions about the Colorado probate process. Twelve of the most common Colorado probate misconceptions are listed in this 12 part series.

Colorado probate misconception #10 (Part 10 of 12)

Colorado probate misconception #10: I don’t need a probate because I was named as financial power of attorney. This is another serious misconception. In Colorado, the financial power of attorney expires upon the death of the principal. Using that financial power of attorney after the death of the principal can get you into lots of trouble.

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DouglasTurner.com. This column is not legal advice nor does it create an attorney-client relationship with the reader. Due to limited space, complex legal concepts and rules may be stated in terms of general concepts. Based on 2010 Colorado and Federal law. Consult legal counsel before acting on any information contained in this column.
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