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How do I avoid probate in Colorado?

Another way to avoid probate in Colorado is through joint ownership. By holding property jointly with another person, such as a spouse, family member, or business partner, the personal property will automatically pass to the surviving owner when you pass away.

What is the limit for a small estate affidavit in Colorado?

To qualify for a small estate probate in Colorado, the estate must not contain any real property (i.e. land, homes, buildings, etc.) and the decedents personal property must be less than $74,000 (As of 2022).

Is a small estate affidavit for real property in Colorado?

A small estate affidavit can be used to collect personal property (not real property) by a successor of a decedent or a person acting on their behalf. The person filing the affidavit must make sure the following requirements are met: The value of the estate is $74,000 or less.

What is the small estate limit in Colorado 2023?

2023 is $80,000; Y.O.D. 2022 is $74,000; 2021 and 2020 is $70,000; 2019 is $68,000; and 2018 and 2017 is $66,000.

What is a collection of personal property by affidavit pursuant to Colorado?

A Colorado small estate affidavit is a legal document that can help someone collect property that is owed to them and that formerly belonged to a person who died (a decedent.) The process is also called a Collection of Personal Property by Affidavit, and it is useful because it allows successors or heirs to avoid a

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How do I get a small estate affidavit in Colorado?

Complete Form JDF 999 and get it docHubd. For assistance with filling out the form, click here. This form does not need to be filed with a court, but rather may be shown to those holding personal property that formerly belonged to the decedent. The form endows the holder with a legal right to collect the property.

What is the limit for a small estate affidavit in Colorado?

To qualify for a small estate probate in Colorado, the estate must not contain any real property (i.e. land, homes, buildings, etc.) and the decedents personal property must be less than $74,000 (As of 2022).

What is the small estate affidavit process in Colorado?

The small estate affidavit is a legal document that must be completed and signed by the person entitled to receive the deceased persons assets. It must be filed with the court in the county where the deceased person lived, along with a certified copy of the death certificate.

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