Under Colorado law, a personal representative is a fiduciary. A personal representative (also known as an executor) is a person appointed to administer a decedent's estate and has many duties, rights, and responsibilities. The first steps are finding the will and determining if probate is necessary. The personal representative also needs to notify beneficiaries named in the will or people entitled to inherit under the intestacy laws of the deceased person’s passing, collect and manage assets, pay debts and taxes, and distribute what is left to the people who inherit it.