1. A computer program product for facilitating management of state information, said computer program product comprising: a computer readable storage medium readable by a processing circuit and storing instructions for execution by the processing circuit for performing a method comprising: associating guest state information of a guest to be executed by a virtual machine of a computing environment with a block of memory assigned to the guest, the associating comprising defining one or more available guest memory states, wherein a guest memory state describes a state of the block of memory as it relates to the guest, and wherein current guest state information is maintained in memory of a host of the computing environment, the host to manage the virtual machine, and wherein the current guest state information comprises one of the available guest memory states indicating the current state of the block of memory assigned to the guest; and providing to the guest the guest state information of the block of memory assigned to the guest absent host involvement, wherein the guest state information provided to the guest comprises a particular guest memory state indicating a particular meaning contents of the block of memory have to the guest.