End-of-life Matters in Colorado

In Colorado, a new law — formerly known as House Bill 1260 — allows two people to enter into "designated beneficiary agreements" for estate planning, property purchases, medical decisions and certain benefits such as life-insurance and retirement-plan disbursements.

Ritter's, Evan Dreyer, said the governor sees it simply as a "low-cost option for people to put their end-of-life matters in order."

The law allows any two unmarried adults to designate each other as beneficiaries by filing a form with a county clerk.

Denver Post