Deed Of Distribution Example

State:
Colorado
Control #:
CO-02-84
Format:
Word; 
Rich Text
Instant download

Description

The Deed of Distribution is a legal document used in Colorado to transfer property from a deceased individual's estate to designated recipients, known as grantees. This form is particularly beneficial for professionals such as attorneys, partners, owners, associates, paralegals, and legal assistants who manage estate distributions. The form allows the personal representative of the estate to specify how the grantees will hold the property, either as tenants in common or joint tenants with the right of survivorship. Users can complete the form using electronic tools by accessing form fields, or they can print and fill it out manually. It is essential for users to designate the property holdings accurately to ensure legal clarity and avoid future disputes. The form includes disclaimers about its use, encouraging individuals to consult an attorney for serious legal issues. By utilizing this form, the involved parties can facilitate a smoother distribution process, fulfilling the last wishes of the deceased. Overall, the Deed of Distribution serves as a crucial tool in estate planning and property transfer.
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  • Preview Deed of Distribution - Personal Representative to Two Individuals
  • Preview Deed of Distribution - Personal Representative to Two Individuals
  • Preview Deed of Distribution - Personal Representative to Two Individuals
  • Preview Deed of Distribution - Personal Representative to Two Individuals
  • Preview Deed of Distribution - Personal Representative to Two Individuals

How to fill out Colorado Deed Of Distribution - Personal Representative To Two Individuals?

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FAQ

If there is real estate in the estate and it has not been sold, a Deed of Distribution (FORM 400ES) must be filled out and recorded. It is recommended that an attorney assist you with this particular duty. The Deed of Distribution transfers the real property from the decedent's name to those who inherit it.

May I prepare my own deed? A. Yes you may, but our office always recommends that you hire an attorney. Our office is strictly for recording, we do not prepare documents and do not answer questions in the preparation of legal documents.

Proof that a distributee has received an instrument or deed of distribution of assets in kind, or payment in distribution, from a personal representative, is conclusive evidence that the distributee has succeeded to the interest of the estate in the distributed assets, as against all persons interested in the estate, ...

The deed of distribution is signed by the acting PR in the presence of a notary public and two witnesses before recording in the Register of Deeds' office of the county where the subject property is situated. A certified copy should be delivered to the probate court.

Please note: South Carolina is an Attorney State when it comes to Deed preparation. Any preparation by an individual is considered an unauthorized practice of law.

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Deed Of Distribution Example