Who must file a Personal Property Declaration Schedule in Colorado?
Owners whose taxable personal property in a county exceeds the threshold exemption, which for tax year 2026 is $56,000 in total actual value under C.R.S. § 39-3-119.5. The schedule goes to the assessor of the county where the property sits on the January 1 assessment date and is due April 15, listing each asset's original installed cost and acquisition year. Owners at or below the threshold are exempt from filing.
Who values estate property in Colorado probate?
The personal representative. Under C.R.S. § 15-12-706 the personal representative prepares an inventory within three months of appointment listing each item at its fair market value as of the date of death, with any encumbrance noted. Colorado has no probate referee; independent appraisals supply the values for vehicles, equipment, collections, and contents, and ours are built item by item for that filing.