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On May 23, 2026, Colorado's trusts and estates industry saw a surge in activity as new laws and regulations came into effect, prompting many residents to review and update their estate plans.One of the major changes driving this increase in activity is the passing of Colorado's Revised Uniform Fiduciary Access to Digital Assets Act, which allows individuals to designate a fiduciary to manage their digital assets after their death. This includes everything from online banking and investment accounts to social media profiles and email accounts.As a result, many Colorado residents are taking the opportunity to update their estate plans to include provisions for their digital assets, ensuring that their online presence is handled according to their wishes after they pass away.In addition to the changes regarding digital assets, there has been a general uptick in estate planning activity as more residents become aware of the importance of having a comprehensive plan in place. With the ongoing COVID-19 pandemic serving as a stark reminder of the unpredictability of life, many individuals are taking proactive steps to ensure their assets are protected and their loved ones are provided for.Furthermore, the recent changes to federal tax laws have also played a role in the increased activity in the trusts and estates industry. The higher federal estate tax exemption, coupled with the elimination of the step-up in basis at death, has prompted many residents to reassess their estate plans to take advantage of these new provisions.Overall, the trusts and estates industry in Colorado is experiencing a period of growth and change as new laws and regulations come into effect. With more residents recognizing the importance of estate planning and taking steps to ensure their assets are protected, the industry is poised for further growth in the coming years.