Dedicated Criminal Defense & Family Law Representation

Property division is a significant aspect of divorce. Colorado courts use a doctrine of equitable distribution during divorce. The judge doesn’t have to divide the marital property 50-50 but may instead divide it based on fairness. Courts will look at the economic conditions of both spouses. They may consider which parent should have the right to stay in the family home, how much each spouse contributed to the marital estate either through income or homemaking, any increase or decrease in separate property, and the value of the marital property. As in other states, there is marital property and separate property. Marital property is property that the spouses acquired during marriage. It includes gifts and property obtained after a legal separation. Separate property is property acquired by inheritance, gift or before the marriage.