Twelve Common Misconceptions About The Colorado Probate Process

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.