How Are Assets Divided in a Divorce in Colorado?
As an equitable distribution state, the Colorado courts will first look at whether the parties have separate property. Separate property is set aside to the owner of such property and not divided as part of the marital property. Marital property, which is defined as property generally acquired by the parties during the marriage, is divided in as equitable a fashion as possible, considering a variety of factors, including the economic circumstances each spouse will face after the divorce; and each spouse’s contribution to the acquisition of the marital property.
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