Colorado Beneficiary Deeds

Beneficiary Deeds

Colorado Beneficiary Deeds

For  vacation property owners who have purchased timeshare in Colorado, you may want to consider checking out the Beneficiary Deeds available in Colorado. Remember, particularly if you live outside of Colorado and also within the State of Colorado, that you can avoid having your timeshare property go through probate in the event of death. That’s what Beneficiary Deeds do. It will save your estate the expense and pass your timeshare onto whomever without a hitch. This is important folks!

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Colorado Beneficiary Deed

Timeshare Owners Take Note:
Colorado Beneficiary Deeds are Superior to Trust Transfers

The traditional method to avoid Colorado probate for Colorado real estate is to transfer the Colorado timeshare to the owner’s trust or corporation. The better solution is a Colorado Beneficiary Deed.
The Trouble With Trusts for Timeshares

Troubles of Transferring Timeshares to Trusts Many Colorado timeshare owners do not understand that a transfer to a trust or corporation can trigger significant documentation requirements by the Colorado timeshare association. For example, the Association should require a copy of the trust, complete disclosure of trustees including address and telephone number and a RECORDED statement of authority. Many of these transfers to trusts and corporations result in unmarketable title.
Colorado Beneficiary Deed is Hassle Free

The solution to the stringent documentation requirements is a Colorado Beneficiary Deed. A Colorado Beneficiary Deed does not change any ownership until the death of the current owner. At that time, the Colorado timeshare passes directly to the new owner. All that is required is a recorded death certificate and a supplemental affidavit.
Colorado Beneficiary Deeds for Timeshare Owners

While we do offer our Colorado Beneficiary Deed here at DeedMonkey, we also offer many Timeshare Specific Beneficiary Deeds which are customized to your specific timeshare. See our current list of timeshare legal forms for more information. If you don’t see your timeshare listed, be sure to contact your timeshare owner directly. We can customize a Colorado Beneficiary Deed for most timeshares by request.

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Colorado Beneficiary Deeds

Related terms: Colorado Beneficiary Deed Forms, Colorado Beneficiary Deed Statute, Colorado Transfer on Death Deed, Missouri Beneficiary Deeds, Wyoming Beneficiary Deed, Beneficiary Deed Illinois, Beneficiary of Deed, Co-Beneficiary