Property division is typically one of the most significant aspects of divorce. At Lunt, Smith & Associates, LLP, we are committed to helping our clients understand how Colorado laws apply to their cases, while ultimately helping them protect what they value most.
Helping Our Colorado Divorce Clients Safeguard Important Property And Assets
Founder and managing lawyer Barbara L. Ornelas has spent the last two decades skillfully representing men and women throughout the Fort Collins area in a wide range of divorce cases involving simple and complex assets.
In Colorado, marital property is divided between spouses in an equitable manner – meaning fair, not necessarily equal. However, many cases result in fairly equal division of marital property.
Marital Property Versus Separate Property
Marital property is any property acquired during the course of a marriage, unless it is separate property. This may include:
- Residential property (homes, vacation homes, farms)
- Businesses (commercial property)
- Investments and retirement accounts
- Personal savings accounts
- Debt (credit cards, medical, mortgages)
Separate property is any property acquired by gift, inheritance or prior to the marriage. An increase in the value of separate property during the marriage is marital property. Separate property may be converted into marital property if the separate property is placed into both names.
More than anything, we want to help you obtain satisfying property division results in your divorce. Our Fort Collins property division attorneys will work with you to protect your assets and help you build a case that will provide proof of your separate property. In addition, we can assist you with your concerns involving commingled accounts, hidden assets and other financial matters.
Do you own a business or other high-value property and assets? Call Lunt, Smith & Associates, LLP, to learn more about our high net worth divorce practice.
Contact Lunt, Smith & Associates, LLP
We invite you to contact Lunt, Smith & Associates, LLP, today at 970-286-0577. Please call for details regarding dividing divorce assets. Our law office hours are Monday through Thursday from 8 a.m. to 5 p.m., and Friday from 8 a.m. to noon. Our firm accepts Visa, MasterCard and Discover credit cards. Translation services are available in Spanish, Portuguese and Polish.