|
Probate is the legal process by
which a person's debts are paid
and assets distributed upon his
or her death. Estate
administration includes the
probate process as well as
non-probate transfers of the
deceased's assets.
In
addition to our estate planning
services, Kurtz and Peckham provides compassionate personal
support and counsel in the settlement and administration of estates.
Ancillary Administration
Q. How do I transfer ownership
of Colorado real estate, if the
owner lived and died outside of
the state of Colorado?
A. You will need to decide if
you need to open a Probate
Estate in Colorado or proceed
through an Ancillary
Administration.
Q.
How do I decide whether I need a
Probate Estate or proceed
through an Ancillary
Administration?
A.
Ancillary
Administration - If the
deceased property owner lived
and died in a different state
from Colorado and a Probate
Estate has been opened in that
state, you will proceed through
an Ancillary Administration to
transfer ownership of the
Colorado real estate.
Probate
Estate in Colorado - If
the deceased property owner
lived and died in a different
state from Colorado and a
Probate Estate has
not been opened in
that state, you will need to
open a Probate Estate in
Colorado to transfer ownership
of the Colorado real estate.
If you
would like more information
regarding transferring title to
Real Estate in Colorado, contact
our office at (303) 893-3045 to
schedule a free consultation.
|
