Second Regular Session Seventy-third General Assembly STATE OF COLORADO REREVISED This Version Includes All Amendments Adopted in the Second House LLS NO. 22-0686.01 Conrad Imel x2313 SENATE BILL 22-092 Senate Committees House Committees Judiciary Judiciary A BILL FOR AN ACT C ONCERNING CHANGES TO THE "COLORADO PROBATE CODE".101 Bill Summary (Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov/ .) Colorado Commission on Uniform State Laws. The bill makes changes to the "Colorado Probate Code" (code). Specifically, the bill describes how property passes when a decedent dies without a will (intestate) and the estate or any part of the estate does not pass to a surviving spouse or designated beneficiary pursuant to existing law. In that situation, the portion of the estate passing through intestate succession is distributed as follows: ! If the decedent is survived by one or more descendants, the HOUSE 3rd Reading Unamended March 16, 2022 HOUSE 2nd Reading Unamended March 15, 2022 SENATE 3rd Reading Unamended February 23, 2022 SENATE 2nd Reading Unamended February 22, 2022 SENATE SPONSORSHIP Gardner, Cooke, Gonzales, Lee, Moreno, Priola, Smallwood HOUSE SPONSORSHIP Soper, Bird, Lynch Shading denotes HOUSE amendment. Double underlining denotes SENATE amendment. Capital letters or bold & italic numbers indicate new material to be added to existing statute. Dashes through the words indicate deletions from existing statute. portion of the estate passes to the decedent's surviving descendants per capita at each generation; ! If the decedent is not survived by a descendant but is survived by one or more parents, the portion of the estate is divided into as many equal shares as there are surviving parents and deceased parents with one or more descendants. One share passes to each surviving parent, and the balance passes per capita at each generation to the surviving descendants of the decedent's deceased parents. ! If the decedent is not survived by a descendant or parent but is survived by one or more descendants of a parent, the portion of the estate passes per capita at each generation to the surviving descendants of the decedent's deceased parents; or ! If a decedent is not survived by a descendant, parent, or descendant of a parent but is survived by one or more grandparents, the portion of the estate is divided into as many equal shares as there are surviving grandparents and deceased grandparents with one or more surviving descendants. One share passes to each surviving grandparent, and the balance passes per capita at each generation to the surviving descendants of the decedent's deceased grandparents. The bill clarifies how the estate passes to surviving descendants of a deceased parent or grandparent. The bill replaces outdated terminology in the code with modern language, including replacing gender-specific language. Be it enacted by the General Assembly of the State of Colorado:1 SECTION 1. In Colorado Revised Statutes, 15-11-101, amend2 (2) as follows:3 15-11-101. Intestate estate. (2) A decedent by will may4 expressly exclude or limit the right of an individual or class to succeed to5 property of the decedent passing by intestate succession. If that individual6 or a member of that class survives the decedent, the share of the7 decedent's intestate estate to which that individual or class would have8 succeeded passes as if that individual or each member of that class had9 disclaimed his or her THE intestate share.10 092-2- SECTION 2. In Colorado Revised Statutes, repeal and reenact,1 with amendments, 15-11-103 as follows:2 15-11-103. Share of heirs other than surviving spouse and3 designated beneficiary - definitions. (1) Definitions. I N THIS SECTION:4 (a) "D ECEASED PARENT", "DECEASED GRANDPARENT ", OR5 " DECEASED SPOUSE" MEANS A PARENT, GRANDPARENT, OR SPOUSE WHO6 EITHER PREDECEASED THE DECEDENT OR IS DEEMED UNDER THIS ARTICLE7 11 TO HAVE PREDECEASED THE DECEDENT .8 (b) "S URVIVING SPOUSE", "SURVIVING DESCENDANT", "SURVIVING9 PARENT", OR "SURVIVING GRANDPARENT" MEANS A SPOUSE, DESCENDANT,10 PARENT, OR GRANDPARENT WHO NEITHER PREDECEASED THE DECEDENT11 NOR IS DEEMED UNDER THIS ARTICLE 11 TO HAVE PREDECEASED THE12 DECEDENT.13 (2) Heirs other than surviving spouse and designated14 beneficiary. A NY PART OF THE INTESTATE ESTATE NOT PASSING TO THE15 DECEDENT'S SURVIVING SPOUSE UNDER SECTION 15-11-102, OR TO THE16 DECEDENT'S SURVIVING DESIGNATED BENEFICIARY UNDER SECTION17 15-11-102.5, OR THE ENTIRE ESTATE IF THERE IS NO SURVIVING SPOUSE18 AND NO SURVIVING DESIGNATED BENEFICIARY WITH THE RIGHT TO INHERIT19 REAL OR PERSONAL PROPERTY FROM THE DECEDENT THROUGH INTESTATE20 SUCCESSION, PASSES TO THE DECEDENT'S DESCENDANTS, PARENTS, OR21 OTHER HEIRS AS PROVIDED IN SUBSECTIONS (3) TO (9) OF THIS SECTION.22 (3) Surviving descendants. I F A DECEDENT IS SURVIVED BY ONE23 OR MORE DESCENDANTS , ANY PART OF THE INTESTATE ESTATE NOT24 PASSING TO THE SURVIVING SPOUSE OR SURVIVING DESIGNATED25 BENEFICIARY PASSES PER CAPITA AT EACH GENERATION TO THE26 DECEDENT'S SURVIVING DESCENDANTS.27 092 -3- (4) Surviving parent. I F A DECEDENT IS NOT SURVIVED BY A1 DESCENDANT BUT IS SURVIVED BY ONE OR MORE PARENTS , ANY PART OF2 THE INTESTATE ESTATE NOT PASSING TO THE SURVIVING SPOUSE OR3 SURVIVING DESIGNATED BENEFICIARY IS DISTRIBUTED AS FOLLOWS :4 (a) T HE INTESTATE ESTATE OR PART IS DIVIDED INTO AS MANY5 EQUAL SHARES AS THERE ARE:6 (I) S URVIVING PARENTS; AND7 (II) D ECEASED PARENTS WITH ONE OR MORE SURVIVING8 DESCENDANTS, IF ANY, AS DETERMINED UNDER SUBSECTION (5) OF THIS9 SECTION.10 (b) O NE SHARE PASSES TO EACH SURVIVING PARENT .11 (c) T HE BALANCE OF THE INTESTATE ESTATE OR PART , IF ANY,12 PASSES PER CAPITA AT EACH GENERATION TO THE SURVIVING13 DESCENDANTS OF THE DECEDENT 'S DECEASED PARENTS, AS DETERMINED14 UNDER SUBSECTION (5) OF THIS SECTION.15 (5) When parent survives - computation of shares of surviving16 descendants of deceased parent. T HE FOLLOWING RULES APPLY UNDER17 SUBSECTION (4) OF THIS SECTION TO DETERMINE WHETHER A DECEASED18 PARENT OF THE DECEDENT IS TREATED AS HAVING A SURVIVING19 DESCENDANT:20 (a) I F ALL THE SURVIVING DESCENDANTS OF ONE OR MORE21 DECEASED PARENTS ALSO ARE DESCENDANTS OF ONE OR MORE SURVIVING22 PARENTS AND NONE OF THOSE SURVIVING PARENTS HAS ANY OTHER23 SURVIVING DESCENDANT , THOSE DESCENDANTS ARE DEEMED TO HAVE24 PREDECEASED THE DECEDENT .25 (b) I F TWO OR MORE DECEASED PARENTS HAVE THE SAME26 SURVIVING DESCENDANTS AND NONE OF THOSE DECEASED PARENTS HAS27 092 -4- ANY OTHER SURVIVING DESCENDANT , THOSE DECEASED PARENTS ARE1 DEEMED TO BE ONE DECEASED PARENT WITH SURVIVING DESCENDANTS .2 (6) Surviving descendant of deceased parent. I F A DECEDENT IS3 NOT SURVIVED BY A DESCENDANT OR PARENT BUT IS SURVIVED BY ONE OR4 MORE DESCENDANTS OF A PARENT , THE INTESTATE ESTATE PASSES PER5 CAPITA AT EACH GENERATION TO THE SURVIVING DESCENDANTS OF THE6 DECEDENT'S DECEASED PARENTS.7 (7) Surviving grandparent. I F A DECEDENT IS NOT SURVIVED BY8 A DESCENDANT, PARENT, OR DESCENDANT OF A PARENT BUT IS SURVIVED9 BY ONE OR MORE GRANDPARENTS , THE INTESTATE ESTATE IS DISTRIBUTED10 AS FOLLOWS:11 (a) T HE INTESTATE ESTATE IS DIVIDED INTO AS MANY EQUAL12 SHARES AS THERE ARE:13 (I) S URVIVING GRANDPARENTS ; AND14 (II) D ECEASED GRANDPARENTS WITH ONE OR MORE SURVIVING15 DESCENDANTS, IF ANY, AS DETERMINED UNDER SUBSECTION (8) OF THIS16 SECTION.17 (b) O NE SHARE PASSES TO EACH SURVIVING GRANDPARENT .18 (c) T HE BALANCE OF THE INTESTATE ESTATE , IF ANY, PASSES PER19 CAPITA AT EACH GENERATION TO THE SURVIVING DESCENDANTS OF THE20 DECEDENT'S DECEASED GRANDPARENTS , AS DETERMINED UNDER21 SUBSECTION (8) OF THIS SECTION.22 (8) When grandparent survives - computation of shares of23 surviving descendants of deceased grandparent. T HE FOLLOWING24 RULES APPLY UNDER SUBSECTION (7) OF THIS SECTION TO DETERMINE25 WHETHER A DECEASED GRANDPARENT OF THE DECEDENT IS TREATED AS26 HAVING A SURVIVING DESCENDANT :27 092 -5- (a) IF ALL THE SURVIVING DESCENDANTS OF ONE OR MORE1 DECEASED GRANDPARENTS ALSO ARE DESCENDANTS OF ONE OR MORE2 SURVIVING GRANDPARENTS AND NONE OF THOSE SURVIVING3 GRANDPARENTS HAS ANY OTHER SURVIVING DESCENDANT , THOSE4 DESCENDANTS ARE DEEMED TO HAVE PREDECEASED THE DECEDENT .5 (b) I F TWO OR MORE DECEASED GRANDPARENTS HAVE THE SAME6 SURVIVING DESCENDANTS AND NONE OF THOSE DECEASED GR ANDPARENTS7 HAS ANY OTHER SURVIVING DESCE NDANT , THOSE DECEASED8 GRANDPARENTS ARE DEEMED TO BE ONE DECEASED GRANDPARENT WITH9 SURVIVING DESCENDANTS.10 (9) Surviving descendant of deceased grandparent. I F A11 DECEDENT IS NOT SURVIVED BY A DESCENDANT , PARENT, DESCENDANT OF12 A PARENT, OR GRANDPARENT BUT IS SURVIVED BY ONE OR MORE13 DESCENDANTS OF A GRANDPARENT , THE INTESTATE ESTATE PASSES PER14 CAPITA AT EACH GENERATION TO THE SURVIVING DESCENDANTS OF THE15 DECEDENT'S DECEASED GRANDPARENTS .16 SECTION 3. In Colorado Revised Statutes, amend 15-11-106 as17 follows:18 15-11-106. Per capita at each generation. (1) Definitions. As 19 used In this section: unless the context otherwise requires:20 (a) "Deceased descendant", "deceased parent", or "deceased21 grandparent", OR "DECEASED SPOUSE" means a descendant, parent, or 22 grandparent, OR SPOUSE who either predeceased the decedent or is23 deemed UNDER THIS SUBPART 1 to have predeceased the decedent. under 24 section 15-11-104.25 (b) "Surviving descendant" means a descendant who neither26 predeceased the decedent nor is deemed UNDER THIS SUBPART 1 to have27 092 -6- predeceased the decedent. under section 15-11-104.1 (2) Decedent's descendants. If, under section 15-11-103 (2) (3),2 ALL OR PART OF a decedent's intestate estate or a part thereof passes "per3 capita at each generation" to the decedent's SURVIVING descendants, the4 estate or part thereof is divided into as many equal shares as there are (i)5 surviving descendants in the generation nearest to the decedent which6 contains one or more surviving descendants and (ii) deceased descendants7 in the same generation who left surviving descendants, if any. Each8 surviving descendant in the nearest generation is allocated one share. The9 remaining shares, if any, are combined and then divided in the same10 manner among the surviving descendants of the deceased descendants as11 if the surviving descendants who are WERE allocated a share and their12 surviving descendants had predeceased the decedent.13 (3) Descendants of parents or grandparents. If, under section14 15-11-103 (4) or (6), a decedent's intestate estate or a part thereof passes15 "per capita at each generation" to the descendants of the decedent's16 deceased parents or either of them, or to the descendants of the decedent's17 deceased grandparents or any of them, the estate or part thereof is divided18 into as many equal shares as there are (i) surviving descendants in the19 generation nearest to the deceased parents or either of them, or the20 deceased grandparents or any of them, that contains one or more21 surviving descendants and (ii) deceased descendants in the same22 generation who left surviving descendants, if any. Each surviving23 descendant in the nearest generation is allocated one share. The remaining24 shares, if any, are combined and then divided in the same manner among25 the surviving descendants of the deceased descendants as if the surviving26 descendants who were allocated a share and their surviving descendants27 092 -7- had predeceased the decedent Descendants of parent when parent1 survives. I F A DECEDENT IS SURVIVED BY ONE OR MORE PARENTS AND ,2 UNDER SECTION 15-11-103 (4) AND (5), THE BALANCE OF THE DECEDENT'S3 INTESTATE ESTATE OR PART PASSES PER CAPITA AT EACH GENERATION TO4 THE SURVIVING DESCENDANTS OF ONE OR MORE OF THE DECEDENT 'S5 DECEASED PARENTS, THE BALANCE PASSES TO THOSE DESCENDANTS AS IF6 THEY WERE THE DECEDENT 'S SURVIVING DESCENDANTS UNDER7 SUBSECTION (2) OF THIS SECTION.8 (4) Descendants of parent when no parent survives. I F A9 DECEDENT IS NOT SURVIVED BY A PARENT AND, UNDER SECTION 15-11-10310 (6), THE DECEDENT'S INTESTATE ESTATE PASSES PER CAPITA AT EACH11 GENERATION TO THE SURVIVING DESCENDANTS OF ONE OR MORE OF THE12 DECEDENT'S DECEASED PARENTS, THE INTESTATE ESTATE PASSES TO13 THOSE DESCENDANTS AS IF THEY WERE THE DECEDENT 'S SURVIVING14 DESCENDANTS UNDER SUBSECTION (2) OF THIS SECTION.15 (5) Descendants of grandparent when grandparent survives.16 I F A DECEDENT IS SURVIVED BY ONE OR MORE GRANDPARENTS AND ,17 UNDER SECTION 15-11-103 (7) AND (8), THE BALANCE OF THE DECEDENT'S18 INTESTATE ESTATE PASSES PER CAPITA AT EACH GENERATION TO THE19 SURVIVING DESCENDANTS OF ONE OR MORE OF THE DECEDENT 'S DECEASED20 GRANDPARENTS, THE BALANCE PASSES TO THOSE DESCENDANTS AS IF21 THEY WERE THE DECEDENT 'S SURVIVING DESCENDANTS UNDER22 SUBSECTION (2) OF THIS SECTION.23 (6) Descendants of grandparent when no grandparent24 survives. I F A DECEDENT IS NOT SURVIVED BY A GRANDPARENT AND ,25 UNDER SECTION 15-11-103 (9), THE DECEDENT'S INTESTATE ESTATE26 PASSES PER CAPITA AT EACH GE NERATION TO THE SURVIVING27 092 -8- DESCENDANTS OF ONE OR MORE OF THE DECEDENT 'S DECEASED1 GRANDPARENTS, THE INTESTATE ESTATE PASSES TO THOSE DESCENDANTS2 AS IF THEY WERE THE DECEDENT 'S SURVIVING DESCENDANTS UNDER3 SUBSECTION (2) OF THIS SECTION.4 SECTION 4. In Colorado Revised Statutes, repeal and reenact,5 with amendments, 15-11-107 as follows:6 15-11-107. Inheritance without regard to number of common7 ancestors in same generation. A N HEIR INHERITS WITHOUT REGARD TO8 HOW MANY COMMON ANCESTORS IN THE SAME GENERATION THE HEIR9 SHARES WITH THE DECEDENT.10 SECTION 5. In Colorado Revised Statutes, 15-11-109, amend11 (1) as follows:12 15-11-109. Advancements. (1) If an individual dies intestate as13 to all or a portion of his or her THE estate, property the decedent gave14 during the decedent's lifetime to an individual who, at the decedent's15 death, is an heir is treated as an advancement against the heir's intestate16 share only if (i) the decedent declared in a contemporaneous writing or17 the heir acknowledged in writing that the gift is an advancement, or (ii)18 the decedent's contemporaneous writing or the heir's written19 acknowledgment otherwise indicates that the gift is to be taken into20 account in computing the division and distribution of the decedent's21 intestate estate.22 SECTION 6. In Colorado Revised Statutes, amend 15-11-113 as23 follows:24 15-11-113. Individual related to decedent through more than25 one line of relationship. An individual who is related to the decedent26 through two blood lines MORE THAN ONE LINE of relationship is entitled27 092 -9- to only a single share based upon the relationship which would entitle the1 individual to the larger LARGEST share. THE INDIVIDUAL AND THE2 INDIVIDUAL'S DESCENDANTS ARE DEEMED TO HAVE PREDECEASED THE3 DECEDENT WITH RESPECT TO A LINE OF RELATIONSHIP RESULTING IN A4 SMALLER SHARE.5 SECTION 7. In Colorado Revised Statutes, 15-11-114, amend6 (2) as follows:7 15-11-114. Parent barred from inheriting in certain8 circumstances. (2) For the purpose of intestate succession from or9 through the deceased child, a parent who is barred from inheriting under10 this section is treated as if the parent DEEMED TO HAVE predeceased the11 child.12 SECTION 8. In Colorado Revised Statutes, 15-11-201, amend13 (7) and (10)(c) as follows:14 15-11-201. Definitions. (7) "Presently exercisable general power15 of appointment" means a power of appointment under which, at the time16 in question, the decedent HELD A POWER TO CREATE A PRESENT OR FUTURE17 INTEREST IN THE DECEDENT, THE DECEDENT'S CREDITORS, THE DECEDENT'S18 ESTATE, OR CREDITORS OF THE DECEDENT'S ESTATE, whether or not he or 19 she THE DECEDENT then had the capacity to exercise the power. held a20 power to create a present or future interest in himself or herself, his or her21 creditors, his or her estate, or the creditors of his or her estate, and THE22 TERM includes a power to revoke or invade the principal of a trust or other23 property arrangement.24 (10) "Transfer", as it relates to a transfer by or on behalf of the25 decedent, includes:26 (c) An exercise, release, or lapse of a presently exercisable general27 092 -10- power of appointment that the decedent created in himself or herself and1 RESERVED OR of a power described in section 15-11-205 (2)(b) that the2 decedent conferred on a nonadverse party.3 SECTION 9. In Colorado Revised Statutes, 15-11-302, amend4 (1), (2) introductory portion, (2)(b), (3), and (4) as follows:5 15-11-302. Omitted children. (1) Except as provided in6 subsection (2) of this section, if a testator fails to provide in his or her will7 for any of his or her children born or adopted BECOMES A PARENT TO A8 CHILD after the execution of the TESTATOR'S will AND FAILS TO PROVIDE9 IN THE WILL FOR THE CHILD, the omitted after-born or after-adopted child10 receives a share in the estate as follows:11 (a) If the testator had no child living when he or she THE12 TESTATOR executed the will, an THE omitted after-born or after-adopted13 child receives a share in the estate equal in value to that which the child14 would have received had the testator died intestate, unless the will15 devised all or substantially all OF the estate to the other ANOTHER parent16 of the omitted child and that other parent survives the testator and is17 entitled to take under the will.18 (b) If the testator has one or more children living when he or she19 THE TESTATOR executed the will, and the will devised property or an20 interest in property to one or more of the then living children, an THE21 omitted after-born or after-adopted child is entitled to share in the22 testator's estate as follows:23 (I) The portion of the testator's estate in which the omitted24 after-born or after-adopted child is entitled to share is limited to devises25 made to the testator's then living children under the will.26 (II) The omitted after-born or after-adopted child is entitled to27 092 -11- receive the share of the testator's estate, as limited in subparagraph (I) of1 this paragraph (b) SUBSECTION (1)(b)(I) OF THIS SECTION, that the child2 would have received had the testator included all omitted after-born and3 after-adopted children with the children to whom devises were made4 under the will and had given an equal share of the estate to each child.5 (III) To the extent feasible, the interest granted an THE omitted6 after-born or after-adopted child under this section shall MUST be of the7 same character, whether equitable or legal, present or future, as that8 devised to the testator's then living children under the will.9 (IV) In satisfying THE SATISFACTION OF a share provided by this10 paragraph (b) SUBSECTION (1)(b), devises to the testator's children who11 were living when the will was executed abate ratably. In abating the12 devises of the then living children, the court shall preserve to the13 maximum extent possible the character of the testamentary plan adopted14 by the testator.15 (2) Neither paragraph (a) nor (b) of subsection (1) of this section16 SUBSECTION (1)(a) OF THIS SECTION NOR SUBSECTION (1)(b) OF THIS17 SECTION applies if:18 (b) The testator provided for the omitted after-born or19 after-adopted child by transfer outside the will and the intent that the20 transfer be in lieu of a testamentary provision is shown by the testator's21 statements or is reasonably inferred from the amount of the transfer or22 other evidence.23 (3) If at the time of execution of the will the testator fails to24 provide in his or her THE will for a living child solely because he or she25 THE TESTATOR believes the child to be dead, the child is entitled to share26 in the estate as if the child were an omitted after-born or after-adopted27 092 -12- child.1 (4) In satisfying THE SATISFACTION OF a share provided by2 paragraph (a) of subsection (1) SUBSECTION (1)(a) of this section, devises3 made by the will abate under section 15-12-902.4 SECTION 10. In Colorado Revised Statutes, 15-11-802, amend5 (1) as follows:6 15-11-802. Effect of divorce, annulment, and decree of7 separation. (1) An individual who is divorced from the decedent or8 whose marriage to the decedent has been annulled is not a surviving9 spouse unless, by virtue of a subsequent marriage, he or she THE10 INDIVIDUAL is married to the decedent at the time of death. A decree of11 separation that does not terminate the status of husband and wife12 MARRIAGE is not a divorce for purposes of this section.13 SECTION 11. In Colorado Revised Statutes, 15-11-803, amend14 (1)(e), (2), and (6) as follows:15 15-11-803. Effect of homicide on intestate succession, wills,16 trusts, joint assets, life insurance, and beneficiary designations.17 (1) Definitions. As used in this section, unless the context otherwise18 requires:19 (e) "Revocable", with respect to a disposition, appointment,20 provision, or nomination, means one under which the decedent, at the21 time of or immediately before death, was alone empowered, by law or22 under the governing instrument, to cancel the designation in favor of the23 killer, whether or not the decedent was then empowered to designate24 himself or herself THE DECEDENT in place of his or her THE killer and25 WHETHER or NOT the decedent then had capacity to exercise the power.26 (2) Forfeiture of statutory benefits. An individual who27 092 -13- feloniously kills the decedent forfeits all benefits with respect to the1 decedent's estate, including an intestate share, an elective-share, an2 omitted spouse's or child's share, the decedent's homestead exemption3 under section 38-41-204, C.R.S., exempt property, and a family4 allowance. If the decedent died intestate, the decedent's intestate estate5 passes as if the killer disclaimed his or her THE intestate share.6 (6) Wrongful acquisition of property. A wrongful acquisition7 of property or interest by a killer not covered by this section shall MUST8 be treated in accordance with the principle that a killer cannot profit from9 his or her wrong THE KILLER'S WRONGDOING.10 SECTION 12. In Colorado Revised Statutes, 15-11-804, amend11 (1)(b), (1)(d), (1)(f), and (2)(a) as follows:12 15-11-804. Revocation of probate and nonprobate transfers by13 divorce - no revocation by other changes of circumstances.14 (1) Definitions. As used in this section, unless the context otherwise15 requires:16 (b) "Divorce or annulment" means any divorce or annulment, or17 any dissolution or declaration of invalidity of a marriage, that would18 exclude the spouse as a surviving spouse within the meaning of section19 15-11-802. A decree of separation that does not terminate the status of20 husband and wife MARRIAGE is not a divorce for purposes of this section.21 (d) "Governing instrument" refers to a governing instrument22 executed by the divorced individual before the divorce or annulment of23 his or her THE marriage to his or her THE DIVORCED INDIVIDUAL'S former24 spouse.25 (f) "Revocable", with respect to a disposition, appointment,26 provision, or nomination, means one under which the divorced individual,27 092 -14- at the time of the divorce or annulment, was alone empowered, by law or1 under the governing instrument, to cancel the designation in favor of his2 or her THE DIVORCED INDIVIDUAL'S former spouse or former spouse's3 relative, whether or not the divorced individual was then empowered to4 designate himself or herself THE DIVORCED INDIVIDUAL in place of his or5 her THE DIVORCED INDIVIDUAL'S former spouse or in place of his or her6 THE DIVORCED INDIVIDUAL'S former spouse's relative and whether or not7 the divorced individual then had the capacity to exercise the power.8 (2) Revocation upon divorce. Except as provided by the express9 terms of a governing instrument, a court order, or a contract relating to10 the division of the marital estate made between the divorced individuals11 before or after the marriage, divorce, or annulment, the divorce or12 annulment of a marriage:13 (a) Revokes any revocable (i) disposition or appointment of14 property made by a divorced individual to his or her THE DIVORCED15 INDIVIDUAL'S former spouse in a governing instrument and any16 disposition or appointment created by law or in a governing instrument17 to a relative of the divorced individual's former spouse, (ii) provision in18 a governing instrument conferring a general or nongeneral power of19 appointment on the divorced individual's former spouse or on a relative20 of the divorced individual's former spouse, and (iii) nomination in a21 governing instrument nominating a divorced individual's former spouse22 or a relative of the divorced individual's former spouse to serve in any23 fiduciary or representative capacity, including a personal representative,24 executor, trustee, conservator, agent, or guardian; and25 SECTION 13. In Colorado Revised Statutes, 15-12-703, amend26 (1), (2), and (4) as follows:27 092 -15- 15-12-703. General duties - relation and liability to persons1 interested in estate - duty to search for a designated beneficiary2 agreement - standing to sue. (1) A personal representative is a fiduciary3 who shall observe the standards of care applicable to trustees as described4 by part 8 of article 5 of this title 15. A personal representative has IS5 UNDER a duty to settle and distribute the estate of the decedent in6 accordance with the terms of any probated and effective will and this7 code, and as expeditiously and efficiently as is consistent with the best8 interests of the estate. A THE personal representative shall use the9 authority conferred upon him or her by this code, the terms of the will, if10 any, and any order in proceedings to which he or she THE PERSONAL11 REPRESENTATIVE is party for the best interests of successors to the estate.12 (2) A personal representative shall not be surcharged for acts of13 administration or distribution if the conduct in question was authorized14 at the time. Subject to other obligations of administration, an informally15 probated will is authority to administer and distribute the estate according16 to its terms. An order of appointment of a personal representative,17 whether issued in informal or formal proceedings, is authority to18 distribute apparently intestate assets to the heirs of the decedent if, at the19 time of distribution, the personal representative is not aware of a pending20 testacy proceeding, a proceeding to vacate an order entered in an earlier21 testacy proceeding, a formal proceeding questioning his THE PERSONAL22 REPRESENTATIVE'S appointment or fitness to continue, or a supervised23 administration proceeding. Nothing in this section affects THIS SECTION24 DOES NOT AFFECT the duty of the personal representative to administer25 and distribute the estate in accordance with the rights of claimants WHOSE26 CLAIMS HAVE BEEN ALLOWED , the surviving spouse, any minor and27 092 -16- dependent children, and any pretermitted OMITTED child of the decedent1 AS DESCRIBED ELSEWHERE IN THIS CODE .2 (4) Except as to proceedings which do not survive the death of the3 decedent, a personal representative of a decedent domiciled in this state4 at his death has the same standing to sue and be sued in the courts of this5 state and the courts of any other jurisdiction as his THE decedent had6 immediately prior to death.7 SECTION 14. Act subject to petition - effective date. This act8 takes effect at 12:01 a.m. on the day following the expiration of the9 ninety-day period after final adjournment of the general assembly; except10 that, if a referendum petition is filed pursuant to section 1 (3) of article V11 of the state constitution against this act or an item, section, or part of this12 act within such period, then the act, item, section, or part will not take13 effect unless approved by the people at the general election to be held in14 November 2022 and, in such case, will take effect on the date of the15 official declaration of the vote thereon by the governor.16 092 -17-