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Your state's rules in plain words, what an executor is owed, and a copy of everything to keep.
Margaret Ellison
1946 – 2026 · your mother
Everything on this page is part of closing Margaret's life with care. Their memorial
Your state's rules, in plain words
Small estates$74,000 threshold. Small estate affidavit for estates under $74K (adjusted annually for inflation).
How long probate takes6-12 months
Filing deadlineNo strict deadline
TaxesNo state estate or inheritance tax.
Executor payReasonable compensation, typically 2-4% of estate value.
Home protection$250,000 homestead exemption
Deadlines worth knowing
Creditor claims period4 months from first publication
Final income taxApril 15 of following year
General information, not legal advice. Rules change; reviewed quarterly.
What an executor is owed
Executors are usually entitled to payment from the estate. An estimate for Colorado:
Ask an estate attorney about your case →Keep a copy of everything
A printable summary of Margaret's estate, for your records or your attorney.
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Since you were last here
four thingsProperty deed addedAdded by James · 2 days ago
Insurance policy addedAdded by Sara · Apr 6
Pension statement addedAdded by Sara · Apr 6
Account list addedMargaret kept this here herself
Other people are working on this. You are not doing it alone.
Who is helping
threeJames EllisonSon · active
Ruth EllisonSister · invited
David Cho, Esq.Probate attorney · active
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