Posts Tagged ‘Reduce Estate Tax’

Using Colorado Beneficiary Deeds vs. Colorado Quitclaim Deeds To Avoid Probate: A Comparison

By Douglas A. Turner, Esq. • Jan 9th, 2008 • Category: Estate Planning & Colorado Probate

Many people try to avoid Colorado probate because of the perceived expense. To avoid a Colorado probate proceeding upon death, Colorado real and personal property must pass to the heirs by other means. In the case of real estate, Colorado quitclaim deeds (note: not Colorado quit claim deeds, as erroneously written at times) are often used. In most cases, however, the better alternative is a Colorado beneficiary deed.


The Ten Million Dollar Estate: Simple techniques to reduce or eliminate estate taxes

By Douglas A. Turner, Esq. • Jun 4th, 2007 • Category: Estate Planning & Colorado Probate

With the current federal estate tax exemption at two million dollars, fewer individuals are faced with federal estate taxes. However, for those with more than two million dollars in assets and life insurance, there are some simple and inexpensive techniques to greatly reduce if not eliminate any potential federal estate taxes.