I did an estate plan years ago, do I need to see an attorney to update it?

Your will is part of an estate plan that includes your health care power of attorney, financial power of attorney, and living will. Once you have executed a will and estate plan documents, there will be changes in your life, your families’ lives, and changes in laws, including state and federal tax laws. Colorado passed the “Power of Attorney Act in 2010,” therefore, any documents executed prior to 2010 should be reviewed by an attorney.

In addition, if you moved to Colorado or move to another state, it is prudent to have your will reviewed by a local attorney. While Colorado law recognizes wills from other states that were validly executed in that state, there are other factors that could affect your will, including community property issues, differing rules about the disposition of personal property, and local rules regarding spousal and dependants’ rights.