Real Estate Archives | Paul Miller Law Office

Legal Tips for Landlords

July 29, 2024 PMiller

Being a landlord comes with its share of responsibilities and risks. Protecting yourself legally can save you from potential disputes, financial losses, and significant stress. Here are key strategies to help safeguard your interests as a landlord: 1. Screen Tenants Thoroughly The first line of defense is ensuring you rent to responsible tenants. Conducting thorough background checks is essential. This includes: 2. Use a Comprehensive Lease Agreement A well-crafted lease agreement is your primary tool for protecting your rights. Your…

Estate Planning and Beneficiary Deeds In Colorado

January 2, 2020 PMiller

In Colorado, a home or real property can transfer from one owner to another by the use of a beneficiary deed. Upon the death of the grantor, the transfer of property passes outside of probate. As with creating a trust or joint tenancy, the use of a beneficiary deed is considered another probate avoidance strategy. Below of some things you should know about beneficiary deeds when considering one in your estate plan: It must be recorded before the death of…

How to Transfer Your Real Property to an LLC

August 9, 2016 PMiller

Some individuals and couples transfer title of real property to an LLC as a way to shield them from personal liability, pay fewer taxes through asset depreciation, avoid probate, or for estate planning purposes. Some of these purposes are succession planning, gifting, or lowering estate taxes. Perhaps, the property is an in-town rental, vacation home, out-of-state property, or vacant land; placing the property into LLC can protect the property owner, lessen the tax burden, and streamline probate process. An LLC…

Paul Miller Law Office

Law Office of Paul Miller LLC (303) 900-2529

Browsed by
Tag: Real Estate