Colorado Estate Tax Law. As a result most people have dealt with property law issues at some point in their lives whether they are aware of it or not. Most landlords will want to carry rental property insurance which guards against damages or liability associated with tenants.
If the date of death occurs prior to december 31 2004 form dr 1210 must be filed. Even though there are no inheritance or estate taxes in colorado its laws surrounding inheritance are complicated. Future changes to the federal laws will determine whether colorado estate tax is due in future years.
Additional information on filing can be found on the colorado department of revenue website.
Related resources estate decisions are serious matters navigating the probate process can be difficult. The exemption for that tax is 11 18 million in 2018. The tax applies to property that is transferred via a will or according to state laws of intestacy other transfers that are subject to the tax can include those made through an intestate estate or trust or the payment of certain life insurance benefits or financial account sums to beneficiaries. That means that if the right legal steps are taken a married couple can protect up to 22 36 million when both spouses die.
