, , ,

Colorado Beneficiary Deeds: An Introduction

Beneficiary Designations and Beneficiary Deeds in Colorado Beneficiary designations have long been used to avoid probate upon death. Bank accounts, investment accounts, retirement accounts and life insurance can be transferred upon death by naming a beneficiary to the account or life insurance proceeds. However, when it comes to real estate, designating a beneficiary is not […]

, ,

Beneficiary Deeds & Timeshares: A Perfect Fit?

Ancillary Probate Can Cause Thousands If a person dies owning real estate outside of their state of domicile, their heirs may needlessly pay thousands in ancillary probate expense. The expense of ancillary probate can be avoided by using a beneficiary deed, a trust or a company. Colorado probate is a legal process by which title […]

Collecting A Debt From A Colorado Probate Estate

Collecting a Debt from a Deceased: What Happens to A Person’s Debt When He Dies? The death of a friend or working acquaintance is always a traumatic experience. However, if you are owed money, along with the sympathy card, send a written request for payment of any debts. Address that request to the personal representative […]