A person who dies without a will or revocable trust is deemed to have died intestate and Colorado’s intestacy laws determine how assets are distributed. For many, this may result in unintended consequences. Exactly who will receive your assets depends on whether you have a spouse, children, grandchildren, parents, or siblings living at the time of your death. For example, if you are single with no children, your assets will be distributed to your parents if they are living.