4A8A0C982F3E93DD87258911005AE7B5 Hearing Summary

Steve Brainerd with the Trusts & Estates Section of the Colorado Bar Association (CBA), testified that the Statutory Revisions Committee of the section established a subcommittee to review the act and how it works within the confines of the Colorado Probate Code. The subcommittee is in favor of the act but there are some revisions needed to help it to accord with Colorado law. Most of the revisions are minor, but there are a few substantive ones, mostly dealing with the time periods within which interested parties can stake a claim to the community property. The subcommittee believes that it can have its revisions approved by the appropriate CBA oversight committees by February.

    The commission confirmed that the subcommittee's revisions can be delivered to a drafter and that there are no known objections to the act. The commission thanked Mr. Brainerd and the CBA for their consideration and work on this act.

 

Commissioner Mielke moved that the Uniform Community Property Disposition at Death Act be drafted with the CBA revisions and introduced as a commission bill. Commissioners Gardner and Pike seconded, and the motion passed without objection. Senator Gardner agreed to carry this act as a Senate bill and will find a House sponsor.