CO HB1322

Increases the supplemental elective-share amount for surviving spouses from $30,000 to $50,000, with cost-of-living adjustments, and adjusts the marital-property percentage schedule based on length of marriage (10-100% depending on years married).

Allows successors to access safe deposit box contents and collect personal property by affidavit without formal probate proceedings, expanding the types of property and increasing the asset threshold from $60,000 to twice the amount in section 15-11-403.

Creates new "directed trustee" provisions allowing trust advisors to direct trustee investment and non-investment decisions, with excluded trustees having no liability for following advisor directions except in cases of willful misconduct.

Modifies provisions for ademption of specific devises to allow a general pecuniary devise equal to the value of specifically devised property disposed of during the testator's lifetime, only if established that amounts were paid to or deposited with the court.

Makes technical changes to terminology (replacing "executor" with "personal representative") and adds provisions for interest on unsatisfied elective-share amounts commencing one year after court determination.