Division of Assets
Aggressively Pursuing Your Desired Outcome
In a majority of divorces, tension is high and the emotional states of those involved may not be entirely steady. Division of assets may rapidly become an area of contention, resulting in serious disputes. Our goal is to relieve some of the pressures you are facing and assist in resolving issues surrounding martial property.
For more than 30 years, we have worked with clients to maximize the martial assets they receive. Contact our Denver office, The Gottesfeld Law Firm, at 303-892-7000 to schedule a free consultation with a lawyer experienced in the division of assets during divorce.
Division of Martial Property in Colorado
Colorado is an equitable division state, meaning all martial assets are to be divided in a fair and just manner. Fair does not necessarily mean a 50/50 division. If an acceptable agreement cannot be reached by the parties involved, division of assets is left to the discretion of the courts.
When judges and juries evaluate appropriate property division, they may consider the following:
- Conduct of both spouses during the marriage
- Existing prenuptial or postnuptial agreements
- Value of retirement accounts and investments
- Contribution to the value of the marital property
- Spousal maintenance/spousal support obligations
- Liquidity of martial assets and potential tax consequences
The court's decisions regarding the division of assets are based on evidence presented during trial. It is also important to ensure that all the debts are discovered and properly identified. Credit Card companies and other lending institutions are not interested in the terms of your divorce settlement, so it is important to have a clear allocation of all of the debt obligations of the parties. Having an attorney who aggressively represents your case and best interests is essential to maximizing your potential for a favorable outcome.
Complex Asset Division
In high-asset divorce cases or those involving the division of a business, the stakes become higher. It is important to ensure your assets are appropriately valued. We have multiple years of experience working with these types of financial concerns, but do not hesitate to call upon trusted valuation and tax experts when necessary. To speak with an attorney about your divorce and the division of your property, contact us via e-mail or telephone.
The Gottesfeld Law Firm
730 Seventeenth Street, Suite 777
Denver, CO 80202
Phone: 303-892-7000
Fax: 303-534-9925
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