Greeley Divorce and Property Division Attorney
What share of marital assets are you entitled to in divorce? In the majority of Colorado divorce cases, the division of marital property and debt is not as straightforward as a 50/50 split. In fact, Colorado uses an equitable distribution standard of property division — which means that marital property is to be divided fairly (not necessarily equally).
Property division can create intense feelings of animosity and anxiety. Some people are concerned about their contributions as a homemaker. Other people are concerned about the preservation of a family business (or about keeping the business in the right hands). Our Greeley divorce and property division attorneys at Grant, Hoffman & Kamada, PC, can guide you through this process with ease.
Grant, Hoffman & Kamada, PC
Greeley, Colorado
970-356-5666 | E-Mail
Absent a valid premarital agreement or a divorce property settlement agreement, Colorado courts consider a number of factors to determine how marital assets and debts should be divided. These factors range from the contributions each spouse brought to the marriage (including contributions to child upbringing or homemaking) to the financial situation of each spouse.
Our Weld County attorneys use a comprehensive approach to ensure your property division settlement accurately reflects your needs and goals:
- We establish inventory of all personal and marital property (cars, the house, bank accounts, vacation property, investment real estate, etc.) and when appropriate, we work with investigators to uncover hidden assets
- We obtain business valuations and identify each party's current level of involvement in the business
- We identify the need for QDROs in order to preserve the value and anticipated growth of 401(k) plans, IRAs, pensions and other retirement plans
- We obtain asset appraisals to determine the present value of jewelry, artwork, collections or other personal property
- We analyze whether a disparity in the property division settlement would appropriately offset waived alimony/spousal maintenance
Premarital property (property that was brought into the marriage), individual inheritances and certain other types of assets may be excluded from distribution. However, any appreciation in value of such assets could be considered marital property and may be subject to equitable distribution.
Contact Grant, Hoffman & Kamada, PC
Greeley, Colorado
For additional information about property division in Colorado, or to schedule a confidential initial consultation with an experienced lawyer at our law firm, call 970-356-5666 or send us an e-mail.
