Sell a House in Trust in Colorado
Managing a trust that includes Colorado real estate? We make selling trust property simple. No probate required, no lengthy court processes. Get a fair cash offer and close on your timeline as trustee.
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Understanding Trust Property Sales in Colorado
When someone places property in a living trust and then passes away, the successor trustee becomes responsible for managing and distributing the trust assets. This often includes selling real estate that was held in the trust.
The good news is that trust property avoids probate in Colorado. Unlike estate property that must go through the court system, trust property can be sold directly by the trustee according to the trust terms. This typically means a faster, simpler process.
However, as a trustee, you still have fiduciary duties to beneficiaries. You need to sell at a fair price, manage the property responsibly until sale, and distribute proceeds according to the trust document. Having a straightforward sale process helps you fulfill these duties efficiently.
Trust Property vs. Probate Property
Trust Property
- No court approval needed to sell
- Sell immediately as trustee
- Private transaction
- Can close in 7-14 days
Probate Property
- Requires court appointment
- Wait 2-4 weeks minimum
- Public record proceedings
- 6-12 month typical process
How We Buy Trust Property in Colorado
Contact Us as Trustee
Reach out and let us know about the trust property. We will ask basic questions about the property and your timeline as trustee.
Property Evaluation and Offer
We evaluate the property and present a fair cash offer within 24 hours. Our offer helps you fulfill your fiduciary duty to get fair value for beneficiaries.
Close as Trustee
Accept our offer and sign as trustee at closing. The title company handles transferring the deed from the trust to us. Proceeds go to the trust for distribution to beneficiaries.
Trust Property Sale Questions
Yes. If you are the trustee of a trust that holds real estate, you have the authority to sell the property according to the terms of the trust document. Unlike property going through probate, trust property can typically be sold more quickly because no court approval is needed. You simply act in your capacity as trustee.
The key difference is court involvement. Probate property requires court supervision, court approval for sales, and follows a mandated timeline. Trust property is managed by the trustee according to the trust document, without court oversight. This means trust property can often be sold faster and with less paperwork.
You typically need: the trust document (to prove you are the trustee), a death certificate if the original trustor has passed, the current deed showing the trust owns the property, and your identification as trustee. Our title company partners can help identify exactly what is needed for your situation.
Without the delays of probate court, trust property can be sold quite quickly. If you sell to a cash buyer like us, we can close in as little as 7-14 days from when you accept our offer. The trust structure actually makes the sale simpler and faster than many other inherited property situations.
Tax implications depend on the type of trust and your relationship to it. Property in a revocable living trust typically receives a stepped-up basis when the trustor passes, similar to other inherited property. Colorado has no state inheritance tax. We recommend consulting with a tax professional for your specific situation.
Ready to Sell Your Trust Property?
Get a fair cash offer today. Simple process, fast closing, no probate needed.
No pressure. No obligation. Just a fair offer.