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 #11 (Part 11 of 12)
Colorado probate misconception #11: Once the judge appoints you as personal representative, you can pay all bills from the probate estate checking account whenever you want. Not so. Certain creditors have priority over other creditors. Pay the wrong one at the wrong time, and you may be writing a check from your personal funds to correct your error.