Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62

There are all sorts of forms executors, beneficiaries, and probate court clerks have to fill out and correspond with during probate and estate settlement, including affidavits, letters, petitions, summons, orders, and notices.

Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62 is a commonly used form within Colorado. Here’s an overview of what the form is and means, including a breakdown of the situations when (or why) you may need to use it:

Atticus Fast Facts About Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62

Sometimes it’s tough to find a quick summary— here’s the important details you should know about Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62:

• This form pertains to the State of Colorado

Government forms are not typically updated often, though when they are, it often happens rather quietly. While Atticus works hard to keep this information about Colorado’s Form JDF 873 SC - Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62 up to date, certain details can change from time-to-time with little or no communication.

Step 1 - Download the correct Colorado form based on the name and ID if applicable

Double check that you have both the correct form name and the correct form ID. Some Colorado probate forms can look remarkably similar, so it’s best to double, even triple-check that you’re using the right one! Keep in mind that not all States have a standardized Form ID system for their probate forms.

Step 2 - Complete the Document

Fill out all relevant fields in Form JDF 873 SC, take a break, and then review. Probate and estate settlement processes in CO are long enough to begin with, and making a silly error can push your timeline even farther back. No thank you!

Note: If you don’t currently know all of the answers and are accessing Form JDF 873 SC online, be sure to avoid closing the browser tab and potentially losing all your progress (or use a platform like Atticus to help avoid making mistakes).

Step 3 - Have Form JDF 873 SC witnessed or notarized (if required)

Some States and situations require particular forms to be notarized. If you have been instructed to get the document notarized or see it in writing on the document, then make sure to hire a local notary. There are max notary fees in the United States that are defined and set by local law. Take a look at our full guide to notary fees to make sure you aren’t overpaying or getting ripped off.

Step 4 - Submit Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62 to the relevant office

This is most often the local probate court where the decedent (person who passed away) is domiciled (permanently resides) or the institution involved with this particular form (e.g. a bank). Some offices allow you to submit forms online, other’s don’t, and we while we generally recommend going in-person to expedite the process, sometimes that simply isn’t an option.

It’s also a generally good idea to establish a positive working relationship with any probate clerk (unfortunately there’s enough people & process out there making things more difficult and unnecessarily confusing for them), so a best practice is to simply ask the probate clerk proactively exactly how and where they’d prefer you to submit all forms.

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Different probate forms or processes can require different deadlines or response times for completing the appropriate form.

While some steps in the process are bound to specific deadlines (like petitioning for probate, having to submit an inventory of assets, or filing applicable notices to creditors and beneficiaries), many probate forms or processes are not tied to a specific deadline since the scope of work can vary based on situational factors or requirements involved.

Either way, there are a bunch of practical reasons why personal representatives should work to complete each step as thoroughly and quickly as possible when completing probate in Colorado.

5 reasons you should submit JDF 873 SC as quickly as possible:

1. The sooner you begin, the faster Colorado can allow heirs and beneficiaries to get their share of assets subject to probate. Acting promptly can also decrease the costs & overall mental fatigue through an otherwise burdensome process.
   
   Helpful Context: What’s the Difference Between Probate and Non-Probate Assets?

2. In general, creditors of an estate usually have around 3-6 months from the time you file notice to creditors to file any claims for debt against the deceased’s assets. If they don’t, then that debt is forfeited (and more importantly, the executor won’t be held personally responsible). So doing this sooner means you have a better idea of who is owed what and ensures you won’t get a surprise collector months later.

3. Not filing a will within 30 days (on average) could mean that the probate process proceeds according to intestate laws (laws that govern what happens to someone's stuff without a will) or is subject to unnecessary supervision by the probate court. And if you aren't directly related to the deceased (a.k.a. next of kin), this could also mean you lose your inheritance.

4. It’s important to file any necessary state tax returns on behalf of the deceased or estate by the following tax season in Colorado. If you don’t, you could owe penalties and interest. This also includes any necessary federal tax returns such as Forms 1040, 1041, or even a Form 706 estate tax return.

5. If a house in the State of Colorado is left empty (or abandoned) for a while, insurance can get dicey. For example, if the house burns down and no one has been there for a year, an insurance company may get out of paying your claim.

If you’re not using Atticus to get specific forms, deadlines, and timelines for Colorado probate, then try and stay as organized as possible, pay close attention to the dates mentioned in any correspondence you have with the State’s government officials, call the local Colorado probate clerk or court for exact answers regarding Form JDF 873 SC, and when in doubt— consult a qualified trust & estates lawyer for that area.

Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62 is one of the many probate court forms available for download through Atticus.

It may also be available through some Colorado probate court sites, such as . In order to access the latest version, be updated with any revisions, and get full instructions on how to complete each form, check out the Atticus Probate & Estate Settlement software or consider hiring a qualified legal expert locally within Colorado.

While Atticus automatically provides the latest forms, be sure to choose the correct version of Form JDF 873 SC - Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62 f using any other site or resource in order to avoid having to re-complete the form process and/or make another trip to the Colorado probate court office.

Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62 is a .pdf, so opening it should be as simple as clicking “View Form” from within the Atticus app or by clicking the appropriate link found on any Colorado-provided government platform. Once you’ve opened the form, you should be able to directly edit the form before saving or printing.

Here’s the text, verbatim, that is found on Colorado Form JDF 873 SC - Order Approving Settlement Of Claims Pursuant To C.r.p.p. 62. You can use this to get an idea of the context of the form and what type of information is needed.

JDF 873SC 6/19 ORDER APPROVING SETTLEMENT OF CLAIMS Page 1 of 2 ❑District Court ❑Denver Probate Court ______________________County, Colorado Court Address: In the Interest of: Respondent COURT USE ONLY Case Number: ORDER APPROVING SETTLEMENT OF CLAIMS PURSUANT TO C.R.P.P. 62 THIS MATTER comes before the Court on the Petition for Approval of Settlement of Claims Pursuant to C.R.P.P. 62 of _______________ (hereinafter “respondent”) that was filed by _________________ (“petitioner”). The hearing was held on ______________ (date). The petitioner and the respondent appeared at the hearing. Also, in attendance were: . The Court, having considered the reasonableness of the proposed settlement, and having reviewed the Petition, all of the attachments thereto, the exhibits offered during the hearing, the relevant authority, and having heard the testimony of: _________________________________________________, and having considered the statements of counsel, the Court finds that: 1. Venue is proper; 2. Any required notices have been given or waived; 3. It is in the best interest of the respondent to settle the claim of the respondent against in the amount of $ _____________; 4. The parties have been advised of and understand the finality of the settlement. 5. In light of the supporting documentation provided and/or testimony presented at the hearing, the requested attorney fees and costs of $ _________ are: ❑allowed. ❑disallowed. ❑adjusted and allowed by the Court as follows: The Court further finds that: ❑the appointment of a conservator is appropriate, and the conservator’s powers shall be as set forth in the Order Appointing Conservator. OR ❑a conservator for the respondent has already been appointed. OR ❑another fiduciary for the respondent is already in place. OR ❑other: ________________________________________________________________________________ JDF 873SC 6/19 ORDER APPROVING SETTLEMENT OF CLAIMS Page 2 of 2 The Court Orders: 1. The petitioner is authorized to accept the total amount of $ as full and final settlement of the personal injury claim. 2. This authorization includes the acceptance of $ to be paid by _____________ (name). 3. The following outstanding liens and/or claim against the settlement funds, including any attorney fees, have been considered by the Court and are ALLOWED. The petitioner is further authorized to execute the Settlement Agreement(s) and Releases with ____________________ (name) and fully discharge said claims and to pay the following out of the proceeds: ❑$ to (name of payee). ❑$ to (name of payee). ❑$ in attorney fees to (name of attorney/law firm). ❑$ in costs to (name of attorney/law firm). ❑Other: The following outstanding liens and/or claim against the settlement funds, including any attorney fees, have been considered by the Court and are DISALLOWED for the reasons set forth below: 4. The Court, pursuant to C.R.P.P. 62, and having taken into account the nature and scope of the proposed settlement, the anticipated duration and nature of the Respondent’s/Minor’s disability (if any), the cost of any future medical treatment and care required to treat the Respondent’s/Minor’s disability (if any), and any other relevant factors pursuant to C.R.S. § 15-14-101, et seq, finds that it is in the best interests of the Respondent/Minor to make the following protective arrangement(s) for the conservation and use of the net settlement funds. The net settlement amount of $_______________ is to be: ❑deposited into a restricted account from which there shall be no withdrawals without prior Court approval. The funds shall be deposited within _______ days of the issuance of this Order and the petitioner shall file an acknowledgment of said deposit by the filing of JDF 867SC. ❑administered in accordance with the Order Appointing Conservator issued on ____________________________ (date). ❑other: 5. The Court further orders that there shall be no payment of attorney fees until the Court has received and acknowledged the deposit of the net settlement amount. Date: ❑Judge ❑Magistrate