Denver Property Division Attorneys
We Will Fight For Your Rights and Protect Your Assets
At Jorgensen, Brownell & Pepin, P.C., we understand the emotional and logistical complexities of divorce, particularly when it comes to dividing assets. That is why our experienced attorneys have adopted a strategic and empathetic approach to family law matters. Whether you need assistance with asset valuation, debt division, or strategic solutions to protect separate property, our family law attorneys can help.
In matters of property division, it is important to understand that Colorado is an “equitable distribution” state, meaning that the court must divide marital assets equitably but not necessarily equally. In other words, while the court will fairly divide assets, an equal split is not always guaranteed.
We are deeply committed to upholding Colorado law, yet we know that every case is unique, and what constitutes a “fair division” can vary with each case. Rest assured, our attorneys are dedicated to fighting for your rights and ensuring the best possible outcome.
If you are filing for divorce and would like to protect your future and assets, contact the Denver property division attorneys at Jorgensen, Brownell & Pepin, P.C. immediately. We can examine the assets you and your spouse share and ensure you receive your fair portion.
We Transform Challenging Situations Into Positive Outcomes
At Jorgensen, Brownell & Pepin, P.C., we understand the complexities and sensitivities surrounding family law matters. Our Denver family law attorneys are here to provide you with the legal support and guidance you need to to achieve a swift and favorable resolution.
Experience and Expertise
With over 30 years of experience in family, we understand the complexities of divorce and asset division. That experience has taught us how to streamline complex processes, mitigate unnecessary domestic conflicts, and ensure you reach a favorable outcome with minimal delay or disruption.
Trusted Network of Resources
While our team is equipped with the knowledge to handle even the most complex family law matters, we also have access to a trusted network of resources. This includes financial advisors and tax professionals who shore up our strategies, ensuring you receive comprehensive solutions in all family law matters.
Customized Solutions
We do not believe in one-size-fits-all solutions. Like you, every case is unique — which is why we design property division strategies that perfectly align with your situation and needs. We will not only protect your assets; we will give you peace of mind.
Comprehensive Family Law Services
Our knowledge and experience with family law matters runs deep, allowing us to offer comprehensive services. Whether you need assistance with property division, adoption, custody, prenuptial agreements, or spousal support arrangements, we are here to assist.
Frequently Asked Questions
What is marital property?
It is any property acquired during a marriage so long as it was not acquired by inheritance or as a gift solely to one spouse. Properties that are not considered marital are called separate properties. When one spouse’s separate property increases in value during marriage, such increase in value would normally also be considered martial property. Separate property for which the title is changed to include both spouses jointly can also become marital.
How is property divided in Colorado?
Colorado judges and courts will divide marital property equitably. There are certain circumstances that will result in an equitable division that is not necessarily equal. This can occur when one spouse has a much higher income or ability to replace assets, or it may relate to spousal support. Unequal property division may also occur when one spouse is allocated a larger amount of marital debt. It is imperative that each party be able and prepared to explain to the court the equity of a proposed division.
How are pensions and retirement accounts divided?
In Colorado, a judge or court shall include pensions and retirement plans earned by each spouse as marital assets available for division. These retirement benefits are divided into the following two groups:
Defined Contribution Plans
This is money belonging to an employee. The employer or employee can make defined contributions. Although the balance of the plan constantly fluctuates, the value is definable at any given plan. Profit sharing plans, 403(b)’s, and 401(k)’s fall into this group
Defined Benefit Plans
This is a benefit an employer promises to pay to an employee in the future. Pensions and annuities fall into this category. The amount to be paid may be determined by a formula that is based on an employee’s salary near the end of the employee’s career and the number of years the employee worked for that employer before retiring. The present value of this future benefit can be determined so that this asset can be fairly assessed and allocated.
Can a prenuptial agreement affect property division?
Yes. These agreements can specify which assets are considered separate property and how marital property should be divided, overriding state laws on property division. It's important to have a prenuptial agreement reviewed our experienced legal team to understand its implications fully and ensure it's enforceable.
How are debts divided in a divorce?
Just like assets, debts acquired during the marriage are typically considered marital property and divided equitably between the spouses in a divorce. The division of debt will depend on whose name the debt is in, the purpose of the debt, and state laws regarding property division.
Our lawyers can help negotiate a fair division of marital debt, taking into account the financial circumstances of both parties.
Guiding Denver Families with Compassionate Family Law Services
Navigating property division cases can be complex and emotionally challenging. If you need compassionate guidance, our experienced team is here to guide you through the process. Let our trusted Denver family law attorneys advocate for your family and secure a positive outcome. Contact us today!
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