How will my husband's property be divided without a will in Colorado?

Full question:

My husband ran a successful real estate agency in Estes Park, Colorado. We have been married for about 3 years now. He recently passed away. It is when I approached our attorney I got to know that he never left a will behind. We never had kids in the marriage or prior to our marriage. His parents are settled in Aspen. How will his property be divided per the intestacy laws in Colorado?

Answer:

In Colorado, intestacy laws dictate how a deceased person's property is divided when there is no will. According to C.R.S. 15-11-102, the surviving spouse's share depends on the surviving relatives of the deceased.

In your case, since your husband has no children and is survived by you and his parents, the law applies as follows:

  1. You will inherit the first $300,000 of his estate.
  2. You will also receive three-fourths (3/4) of any remaining estate after that amount.
  3. His parents will inherit the remaining one-fourth (1/4) of the estate.

This means you will receive a significant portion of your husband's estate, with his parents receiving the rest.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

In Colorado, marriage does not override a will. If a valid will exists, it dictates how the deceased's property is distributed, regardless of marital status. However, if a spouse is not mentioned in the will, Colorado law may provide certain rights to the surviving spouse, such as the right to a portion of the estate under intestacy laws if no will exists. It's essential to review the will and consult with an attorney for specific guidance.