Colorado § 15-15-411 Limitations on actions and proceedings against grantee-beneficiaries

Colorado Statutes

§ 15-15-411 — Limitations on actions and proceedings against grantee-beneficiaries

Colorado·Title 15 Probate,·Art. Nonprobate Transfers on Death

(1)Unless previously adjudicated or otherwise barred, the claim of a claimant to recover from a grantee-beneficiary who is liable to pay the claim, and the right of an heir or devisee or of a personal representative acting on behalf of an heir or devisee, to recover property from a grantee-beneficiary or the value thereof from a grantee-beneficiary is forever barred as follows:

(a)A claim by a creditor of the owner is forever barred at one year after the owner's death.

(b)Any other claimant or an heir or devisee is forever barred at the earlier of the following:

(I)Three years after the owner's death; or

(II)One year after the time of recording the proof of death of the owner in the office of the clerk and recorder in the county in which the legal property is located.

(2)

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(1) Unless previously adjudicated or otherwise barred, the claim of a
claimant to recover from a grantee-beneficiary who is liable to pay the claim, and
the right of an heir or devisee or of a personal representative acting on behalf of an
heir or devisee, to recover property from a grantee-beneficiary or the value thereof
from a grantee-beneficiary is forever barred as follows:

(a) A claim by a creditor of the owner is forever barred at one year after the
owner's death.

(b) Any other claimant or an heir or devisee is forever barred at the earlier of
the following:

(I) Three years after the owner's death; or

(II) One year after the time of recording the proof of death of the owner in
the office of the clerk and recorder in the county in which the legal property is
located.

(2) Nothing in this section shall be construed to bar an action to recover
property or value received as the result of fraud.

Colorado § 15-15-411 (Limitations on actions and proceedings against grantee-beneficiaries) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.