Ensuring That You Get The Property You Deserve After Your Divorce
Property division can be one of the most contentious aspects of your divorce. No one wants to walk away from their marriage with nothing. You deserve a fresh start with the support you deserve. At Kendrick Family Legal Solutions, LLC, attorney Laura Kendrick has over a decade of experience helping clients in the Denver area with complex property divisions during their divorce.
She understands how important the property division step is in a divorce. She will take the time to sit down with you and understand your goals and circumstances. You will also receive personalized attention and support to get through this challenging time.
How Property Is Divided In Colorado
Colorado law dictates how property is distributed after a divorce. Using an equitable distribution model, property is divided based on fairness instead of equality between the parties. This means that a judge may not split property 50/50.
The court will consider numerous factors in making a property division decision, including the length of the marriage, the financial needs and earning capacity of both spouses, standard of living, contributions to the marriage and the value of each spouse’s separate property. However, the court has discretion when dividing property. It does not have to follow a set model, and there is no one-size-fits-all solution to property division. A judge will consider each case individually and make decisions that are fair to both parties.
What Assets Are Most Important In Your Divorce?
Property division does not only apply to physical items or real estate. The court also considers many other assets when determining equitable property distribution. Important assets may include:
- Real estate
- Retirement accounts
- Businesses
- Digital assets
- Intellectual property
Stock options and other forms of compensation beyond your usual salary are also important assets to consider. Different assets are valuable to each spouse for different reasons. If you have children and want to keep them in the family home and at the same school, maintaining ownership of your house may be more valuable to you than other assets.
The Support You Need For Your Fresh Start
If you are going through a divorce, work with an attorney who understands how Colorado property division works. You do not want to take a chance and lose valuable assets that could negatively impact your future. Contact Kendrick Family Legal Solutions, LLC, in Denver today to schedule a consultation with Laura Kendrick by calling 720-759-3216 or completing an online form.