Welcome to No Home Probate.Com
In 2011, Colorado's Expedited Estate Distribution Laws allow most estates up to $2 Million to very simply go directly to your family upon your death. This simple new Colorado Estate process costs very little because it is:
| FREE of Lawyers | FREE of Costly Wills |
| FREE of Taxes | FREE of Living Trusts |
| FREE of Probate | FREE of Legal Delays |
It's Lawyer Free: It's so simple no lawyer is needed to set up your estate to use Expedited Distribution and no Lawyer is needed by your loved ones to receive your estate almost immediately after your death.
It's Probate Free: Assets go directly to your family the day you die bypassing probate. No Living Trust is needed to avoid probate. You also avoid wasting money on a costly Will that always requires probate on estates over $50,000 and on estates that have any Colorado real estate regardless of value.
It's Tax Free: There is no estate tax on estates up to $5 million in value.
It's Delay Free: There are no legal processes and no complex legal documents your estate has to go through to go to your loved ones as is the case with a costly Will or expensive Living Trust.
The cost for these Simple Legal Documents you can download and complete in minutes to leave your esate this amazing new way is as follows:
FREE - For Estates Under $50,000 With No Colorado Real Estate
$24.95 - For Estates Over $50,000 With No Colorado Real Estate
Follow these 3 simple steps and you'll see why using costly Wills and Living Trusts enriches lawyers adn significantly delays the districution of your estate.
Colorado real estate, bank accounts, stocks, bonds, retirement, annuities and life insurance, without any dollar limitations, qualify to use Colorado's Expedited Distribution laws. This means that all of these assets, regardless of their value, can simply go directly to your designated loved ones the day you die. without going through a costly Will, Living Trust or Probate and without any Legal Fees.In addition, your remaining Colorado assets, i.e., car, furniture,jewelry, clothes etc., can also go directly to your loved ones the day you die if they are worth less than $50,000 at the time of your death less any liens. This usually is the case or easily can be the case for almost all Coloradans.
If you want to save $1,000s in legal fees and court costs should you become mentally or physically incapacitated (over 50% become incapacitated) and you want to save thousands in medical expenses because you do not want to be kept alive on machines if you have a terminal condition or are in a persistent vegetative state with no hope of recovery, you also need Colorado's newest Genearl Durable Power of Attorney (2010), Living Will (2010) and Healthcare Power of Attorney. These documents are so valuable in saving you $1,000s that we provide all 3 for only $15 in the Free Will section so you can have them.If your estate is under $50,000 and has no real estate you already have everything you need to use Expedited Estate Distribution that avoids probate and it didn't cost you anything. If you want the forms and instructions for your family to collect your assets so they don't have to hire a lawyer after your death, you should consider purchasing the $24.95 packet.
OUR SIMPLE GUARANTEE: If you can find a simpler, quicker, safer and more affordable way to leave the assets covered by Colorado's Expedited Estate Distribution laws to someone while retaining 100% ownership of them in your name alone to do with as you please until the day you die, we will refund your money because we want to know about it! Today, it just doesn't exist in Colorado.
THESE ARE THE 2011 COLORADO EXPEDITED ESTATE DISTRIBUTION LAWS.
(To view the full text of each law click on the menu item in the panel at top left that says, "Applicable CO Laws.")
Real Estate: Colorado Revised Statute 15-15-402 allows Colorado real estate to go directly to whoever you name to get it using a Beneficiary Deed the moment you pass away. There is no dollar limitation. Bank Accounts: Colorado Revised Statute 15-15-221 allows bank accounts to go directly to whoever you name to get them using "Pay on Death" the moment you pass away. There is no dollar limitation. Stocks and Bonds: Colorado Revised Statute 15-15-301 allows stocks and bonds to go directly to whoever you name to get them using "Transfer on Death"the moment you pass away. There is no dollar limitation. Other Personal Property: Colorado Revised Statute 15-12-1201 allows other personal property (i.e. jewelry, furniture, keepsakes, car etc.) to go directly to whoever you want to have them the moment you pass away. The total value of these personal assets must be under $50,000 at the time of your death excluding any liens. (This is not what you paid for these items, but what they would bring at an estate sale which is usually only a fraction of their original cost). A simple Will with a Tangible Personal Property Memorandum provision lets you leave specific items of your personal property to certain individuals immediately upon your death. If necessary, you can give some of these personal assets away during your lifetime to keep the total under $50,000. Please note: this law (CRS 15-12-1201) cannot be used if you leave any Colorado real estate in a Will because all of these personal assets are then required to go through probate along with all Colorado real estate left in a will. Life Insurance, Annuities and Retirement: Life Insurance, Annuities and Retirement all have "Pay On Death" provisions and can go directly to the named beneficiary(ies) in the policy, contract or plan. Call the company for a claim form. Click on the Navigation Menu entry, "Order Form" in the left panel to view all the documents that are included in the Colorado Estate Packet. You can use this order form for either of the two items listed above. Print out the Order Form and send it with a check made payable to "COLORADO BENEFICIARY DEED COMPANY LLC" at:
Colorado Beneficiary Deed Company
P.O. Box 2594
Colorado Springs, CO 80901You can also order any of these with a credit card by calling 1-888-531-7140. Packets are usually mailed out within 24 hours of payment being received. The Will and documents included with a Will can also be emailed to you.
Purchasing A Colorado Beneficiary Deed Only
If you just want to keep your home or any other Colorado real estate out of probate there are 2 ways to do it on this website:
- You can make this deed online for $19.95 by clicking on the navigation menu item at left that says "Prepare Your Own Deed - $19.95" OR
- You can order the packet for $33.00 by clicking on "Order Form Co Estate Packet" and just select that option.
If you have more than one piece of Colorado real estate you should order the $33.00 packet because you can copy the forms and only pay once. You need a separate Beneficiary Deed for each piece of Colorado real estate you own. Only our Beneficiary Deeds come with all the forms required under Colorado law.
Never add your children's name onto your deed to avoid probate. If you children get sued or file bankruptcy, your house can be sold to satisfy your children's debts. It can also cost $1,000s in taxes if you add your children's names onto your deed.SOME ADDITIONAL INFORMATION YOU SHOULD KNOW:
This is why you should use Colorado's Expedited Estate Distribution Laws instead of leaving all your assets in a costly Will or Trust:
- Using Expedited Estate Distribution is so simple, no lawyer is needed by you to set up your estate this way or by your loved ones to collect your estate after your death. The forms and instructions your family will need after your death in order to collect and distribute your assets are included in the two packets, both the $24.95 and $39.95 versions. Wills and Living Trusts don't come with the forms and instructions for your family because it is too complex for your family to do themselves.
- Leaving any Colorado real estate in a Will, regardless of its value, always requires probate in Colorado. Expedited Estate Distribution keeps your real estate out of your Will and out of probate. It's foolish to leave real estate in a Will that requires probate.
- Leaving $50,000 or more of non-real estate assets in a Will also requires probate in Colorado. Expedited Estate Distribution can keep enough of your non-real estate assets out of your Will to avoid probate. It's foolish to leave these assets in a Will that requires probate.
- Leaving any of the assets covered by Expedited Estate Distribution in a Living Trust soley to avoid probate is a complete waste of your money. When you take all of the eligible assets out of your estate using Expedited Estate Distribution, if your remaining assets are worth less than $50,000, which for most of us would be the case, there is nothing left in your estate that would warrant using a Living Trust just to avoid probate.
- Leaving the assets covered by Expedited Estate Distribution in a Will or Living Trust unduly complicates, significantly delays and greatly increases the cost of your estate to go to your loved ones, usually by $1,000's. Why spend $1,000's to needlessy delay the distribution of your estate?
Why is Expedited Distribution better than a Living Trust for most estates up to $5 million that qualify?
- It avoids probate as does a Trust but it's much simpler--you can do it yourself
- It costs less--under $100 versus $2500 to $4000 or more
- You have to pay $100's to change a trust. You pay nothing to change anything with Expedited Distribution because it's so simple you can do it yourself
- It saves time, money and a lot of hassle setting up your estate. None of your assets have to be transferred out of your name and into the trust and then be transferred back out of the trust after your death. Your assets remain in your name alone until your death and then they simply go directly from you to your loved ones the day you die.
Who should use Colorado Expedited Estate Distribution?
If you want your home and other assets to go to your family, the simplest, quickest and most affordable way possible under Colorado law is to use the Expedited Estate Distribution. If you have a very large estate or you want complex estate distribution provisions, you should always consult a qualified and experienced estate law attorney.Why does it cost so little for these packets that can save you and your loved ones $1,000's and so much time when lawyers charge so much more?
Lawyers are out to make as much money as they can off you, your family and from your estate. If this weren't true, they would tell you about these Expedited Estate Distribution laws. They don't because it's so simple no lawyer is needed to use it. We believe that everyone should be given the opportunity to learn about this new, simple, quick and very affordable way to leave your estate to those you love. We do this as a public service, not to make a lot of money, and that's why the cost is so incredibly low to do this.
