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Probate: Exempt Property & Family Allowance

The Exempt Property Allowance and the Family Allowance When a person dies and a probate proceeding is commenced in Colorado, certain payments and expenses have priority over the others. Right at the top of that list is the exempt property allowance and the family allowance. Exempt Property: Priority Over all Claims Against the Estate The […]

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

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.

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