Colorado Springs Divorce Lawyers
Experienced Legal Counsel for Property Division Issues
How Property Division Works in Colorado
The phrase “asset division” is only half of the issue when it comes to equitable division of the marital estate. Not only do assets need to be considered but also all of the marital liabilities and debt. This doesn’t mean that all of the debt that you or your spouse has ever accumulated is necessarily going to be considered. Instead, only property that is “marital property” will be considered. This is generally assets or debt accumulated during the marriage. However, there are important exceptions that may very well apply to your case and the outcome of your divorce. Don’t take a chance losing out on thousands or tens of thousands of dollars in marital assets and money that you may otherwise be entitled to by law. Hire attorney Brian Boal to represent you in your divorce and maximize your chance of getting everything you deserve.
Once marital property is identified in a contested divorce proceeding, it is valued and then divided “equitably” between the parties by the judge. “Equitably” is a broad term that frequently leads to confusion among unrepresented family court litigants, often resulting in one spouse getting considerably more than they deserve and the other spouse getting considerably less than they deserve. That is why it is so important that you have a lawyer represent you in a divorce proceeding.
Examples of marital assets that are considered include:
- Retirement accounts, pensions and 401 (k)s
- Real estate including residential and commercial properties
- Stocks, bonds and bank accounts
- Personal property such as jewelry, art and furniture
Things become increasingly complicated when there is a lot of property to divide and value. Businesses can be difficult to value and owning multiple homes and other high value assets can further complicate matters. Call Boal Law Firm to meet with attorney Brian Boal who will fight for you as your attorney to ensure that about your specific needs are addressed in your divorce.
Schedule Your Consultation with Colorado Springs Family Law Attorneys from Boal Law About Property Division Today
Don’t wait. Call 719-602-2262 today to schedule an appointment with attorney Brian Boal. You can also contact us online for more information about representation in all types of family law cases.