It is not uncommon for married people to embrace the saying, "What's mine is yours, and what's yours is mine." It generally means that individuals who have committed their lives to each other are willing and able to share that which they acquire with the people with whom they have decided to spend their lives. However, in the world of property, identifying what is "mine" or "yours" is important if those individuals decide to go through a divorce.
Your estate plan is not something you should create and just forget about. Life is full of changes, and for your estate plan to be as effective as possible, it should reflect those changes.
Readers of this Woodland Park-based legal blog may have been shocked to learn of the sudden passing of actor, Luke Perry. Perry was only 52 when he succumbed to the effects of a massive stroke and died days after being taken to the hospital. While his situation is a tragedy, it is also a good reminder for Colorado residents that the future is uncertain and it can be wise to make important decisions before it is too late.