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The total value of the estate is less than a pre-set amount or less, excluding certain items such as real estate. This is adjusted annually for inflation. In 2024, the limit is $82,000.
Another type of co-ownership is called “joint tenants with right of survivorship ... Board-certified real estate lawyer Gary Singer writes about industry legal matters and the housing ...
Colorado's simplified settlement process can be used for estates that are worth $82,000 or less and do not contain real estate. By filing a small estate affidavit, heirs may be able to settle an ...
A: Your question provides a great opportunity to compare the pros and cons of these two title methods for two or more co-owners holding title to real estate ... and an affidavit of survivorship ...
Completing a small estate affidavit in Colorado allows heirs to claim a deceased person’s assets without the need for a lengthy probate procedure. This is available for many Colorado estates ...