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property division

Since Colorado is an “equitable distribution” state, the marital property does not need to be split 50/50; it only needs to be fair and equitable. While equity can sometimes be established by dividing everything in half, it doesn’t need to be that way.

A good Colorado Springs marital property lawyer/attorney will determine the following factors, commonly considered in family court:

  • Each spouse’s contribution to the property over the length of the marriage, including the contribution of a spouse who is a homemaker.
  • The value of the property, or assets, set apart to each spouse. This includes 401K, pensions and other investments.
  • Each spouse’s economic circumstances with regard to property, particularly the marital home. The court will not force either spouse to move out immediately when he/she lacks the means to do so. This includes the desirability of awarding the right to live in the family home to the spouse with whom the couple’s children will reside most of the time.
  • Any increases or reductions in the value of the separate property of the either spouse during the course of the marriage.

In addition to our extensive legal knowledge and litigation skills, Marrison Law employs the help of many other Colorado Springs area professionals. We work with accountants, personal property appraisers and financial strategists to determine your property’s value. Our eye for detail enables us to conduct a thorough accounting of everything that is jointly owned. Our clients can rest assured that we will not leave anything out of the property division agreement (“separation agreement”) or that we will present all assets at the trial of the marital property division. Once this property division is ordered, or the separation agreement is accepted by the court, it becomes a part of the divorce decree, and can stand on its own. This means you will not need to return to court for modifications.

Divorce is painful enough. While it is very important to get it right, spending several months dealing with marital property division can be extremely tedious, especially if you are doing it alone. We will assist you in the property division process. Call our office at (970) 884-1800 today to arrange for a consultation.



property division

17 West Mill Street, Suite #101 • P.O. Box 33 • Bayfield, Colorado 81122
Phone — (970) 884-1800 • Fax — (970) 884-1600