So great grandma created a trust 90 years ago for your benefit. No doubt you don’t like the trust terms, and the corporate trustee ignores your requests… but what can you do about it? Well, perhaps you can bust the trust with something called the Doctrine of Acceleration. The Doctrine of Acceleration The Doctrine of [...]
As an estate planning lawyer in Colorado, I have the unique opportunity to see title problems caused by poorly drafted deeds. Here are just a few of the many deeds problems or “botches” we have seen over the years. The Joint Tenancy Botch In order to take title to real estate as joint tenants with [...]
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 [...]
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 [...]
Douglas A. Turner, Esq., the founder of our firm, is a Colorado-based attorney with many years of experience in business law, mergers and acquisitions, association law, real estate transactions, estate planning and probate. To learn more about our legal team, please contact us at 800-850-0607.
Conrad J. Miller, III, Esq. is a member of the CO, PA & NJ Bars and is Of Counsel to Douglas A. Turner, P.C. Mr. Miller concentrates his practice on transactional legal assistance for contracts, real estate, business formation and operations, and mergers and acquisitions. As a Certified Financial Planner™, he is also available to assist clients with all of their Estate Planning needs.