Colorado Code § 15-12-101

Devolution of estate at death; restrictions
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The power of a person to leave
property by will and the rights of creditors, devisees, and heirs to his property are subject to the
restrictions and limitations contained in this code to facilitate the prompt settlement of estates.
Upon the death of a person, his real and personal property devolves to the persons to whom it is
devised by his last will or to those indicated as substitutes for them in cases involving lapse,
renunciation, or other circumstances affecting the devolution of the testate estate or, in the
absence of testamentary disposition, to his heirs or to those indicated as substitutes for them in
cases involving renunciation or other circumstances affecting devolution of intestate estates,
subject to exempt property and family allowances, rights of creditors, elective share of the
surviving spouse, and administration.

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