Colorado Personal Representative Deed Form For Distribution
Description
How to fill out Colorado Deed Of Distribution - Personal Representative To Two Individuals?
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FAQ
Filling out a quit claim deed in Colorado requires you to get the appropriate form, often found online. Include the names of both parties, describe the property being transferred, and indicate the consideration amount. After completing the document, ensure to sign in front of a notary and file it with your local county clerk for proper recording.
However, probate is usually unnecessary if the deceased person holds all their property jointly with their spouse. In this case, no probate proceeding will be necessary as the property can be transferred into the sole name of the surviving spouse, without the need to go through the probate process.
In Colorado, the surviving spouse is entitled to 50% of the marital property component of the decedent's ?augmented estate?, which can include the value of non-probate transfers and gifts made by the decedent during the last few years of his or her life.
A quit claim deed form must include the following information: the name, address, and signature of the grantor (the person transferring the property); the name, address, and signature of the grantee (the person receiving the property); a description of the property being transferred; the consideration (monetary value) ...
County Forms Use the personal representative's deed of distribution to transfer real property to a devisee (someone designated in a will to receive the decedent's property) or an heir (a person, including the surviving spouse, entitled under statutes of intestate succession to receive the decedent's property).
Personal Representative: A person at least 21, resident or non-resident of Colorado, who has been appointed to administer the estate of the Decedent; previously referred to as Executor/Executrix.