Longmont Property Division Divorce Lawyers
Guiding You Through Divorce with Care
After 30 years of supporting thousands families through divorce, we know what it takes to eliminate legal roadblocks and ensure a fair outcome that protects your assets and financial security. Our approach is strategic yet compassionate, allowing us to guide you through even the most complex legal cases with sensitivity and expertise.
In Colorado, the courts are mandated to divide marital assets equitably, not necessarily equally. This is why it is so important to partner with an experienced family law firm like ours.
Our property division attorneys have the knowledge and skills to evaluate marital assets, advocate for your interests, and negotiate favorable outcomes on your behalf. When you work with us you are in capable hands. Let us protect you and help you begin your next chapter with more security and peace of mind.
We Transform Challenging Circumstances Into Positive Outcomes
When you need an experienced legal partner who will equip you with the tools and legal strategies you need to achieve a swift and fair resolution, contact Jorgensen, Brownell & Pepin, P.C. When you work with us you can expect:
Experience and Expertise
With over three decades of dedicated service in family law, we bring a wealth of experience to every case we handle. Our attorneys understand the intricacies of divorce and property division, allowing us to overcome even the most complex legal obstacles with confidence.
Trusted Network of Resources
In addition to our own extensive knowledge, we've forged trong partnerships with trusted financial advisors and tax professionals. Whether it's devising a sophisticated financial plan, optimizing tax strategies, or addressing additional financial concerns in relation to your divorce, we ensure that you receive the full spectrum of support.
Customized Solutions
At our firm, we recognize that every client is unique, and there's no one-size-fits-all solution to family law matters. That's why we take the time to understand your goals, concerns, and priorities before crafting a strategy that's tailored to your specific needs.
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 the marriage, such increase in value would normally also be considered marital 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 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 by 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.
Compassionate Family Services Since 1989
At Jorgensen, Brownell & Pepin, P.C., we understand the stress and emotional complexity that comes with property division. Personal experience has shown us that divorce is much more than a legal process—it’s a pivotal moment that demands careful guidance and compassionate support. That is what we have offered clients since 1989. Let us be your advocate and ally, ensuring you begin a new life chapter with confidence. Contact us today!
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