Plan for Foreign Owners of Colorado Property

Brent chats with Griffin Bridgers about how non-residents of Colorado can plan when they own real estate there. They discuss the income and capital gains treatment of the property. They also talk about how to do proper estate planning in that context. Finally, they describe the relevant federal tax issues. Griffin is a Wealth Strategist for Mosaic. Griffin uses his 13 years of experience as a tax and estate planning attorney at small, medium, and large firms to advise and educate Mosaic’s clients and advisors on the technical and interpersonal aspects of estate planning, tax planning, and business planning. This includes simplifying complex legal structures and documents, navigating the dynamics of the team which manages a family’s wealth, analyzing the interplay between complex trusts and business entities, and implementing both cutting-edge and traditional tax and wealth transfer strategies. Griffin is also a member of the law firm Hutchins & Associates in Denver Colorado. His practice encompasses all areas of private wealth and family business. In addition to estate planning and estate administration, Griffin has specialized experience in taxation, asset protection, executive compensation, employee benefits, qualified and non-qualified retirement plans, nonprofit organizations, mergers and acquisitions, business transactions, franchising, and commercial contracts. Griffin joined Mosaic in 2022. He holds a BB.A. from the University of Memphis, a J.D. from Samford University, Cumberland School of Law and an LL.M. in Taxation from New York University School of Law. Griffin has a sub-stack that can be found here State of Estates | Griffin Bridgers | Substack Griffin can also be found here Griffin H. Bridgers – Hutchins Law Brent and Griffin wrote an article for the Colorado Lawyer in this topic that can be found here Tax and Estate Planning for Nonresident Real Estate Owners | Colorado Lawyer (cobar.org) This material is for informational purposes only. The views expressed are those of the speaker as of the date noted and not necessarily of the speaker’s firm or its affiliates. If you are enjoying the podcast please SUBSCRIBE and leave a REVIEW, and if you want to learn more about Brent go to https://wealthandlaw.com/team/. Legal Disclaimer: https://wealthandlaw.com/legal-disclaimer/