Family Law - Division of Marital Property

  • Division of Marital Property

    You spend a considerable amount of time and effort over your life accumulating property and assets that may be in jeopardy when facing a divorce. Enlist the skill and counsel of an experienced Colorado Springs divorce attorney to help protect your financial future. Our attorneys are experts in division of marital property, and we have the experience, skill and client-focused approach needed to help you solve your problems.

    As part of the divorce and legal separation process, the court will divide marital property; therefore property division is typically one of the most significant areas of a divorce. Marital property is any property acquired during the course of the marriage, regardless of how it is titled, unless it is separate. Marital property often includes:

    • Residential property (to include marital home, vacation homes, farms)
    • Commercial property
    • Vehicles
    • Businesses
    • Investments (stocks, bonds, mutual funds, retirement plans, bank accounts)
    • Pensions and retirement (including military retirement)
    • Bank accounts
    • Debts

    Colorado is an equitable distribution state, meaning every marital asset must be distributed equitably. However, equitable does not necessarily mean an equal split will occur.

    Separate property is generally any property acquired prior the marriage and property acquired by gift or inheritance. Separate property may become marital property if separate property is placed into both names (commingled).

    Our family law attorneys have extensive knowledge and experience in complex property division, and are experts at providing a client-focused experience while driving toward the goal of obtaining the best results possible.