Colorado Springs Property Division Lawyer
Divorce is a multifaceted process that involves several financial considerations for spouses. Some of these issues will likely influence their lives for years. One of the most contentious divorce cases is property division, dividing a divorcing couple’s marital assets and assigning new property ownership rights over those assets. If you plan to divorce soon, a Colorado Springs property division lawyer at Johnson Law Group can be a critical asset as your divorce case unfolds.
The team at Johnson Law Group has years of experience representing our clients in complex divorce cases. Our team can provide detailed guidance to help you better approach your property division proceedings.
Call (719) 624-8712 to schedule a consultation with a Colorado Springs property division attorney today.
How Is Property Division Handled in a Colorado Springs Divorce Case?
The process begins with a financial disclosure regardless of how a divorcing couple decides to handle property division. Each spouse must provide a sworn statement with a complete list of all their assets and property, including marital and separate property. A Colorado Springs property division attorney can help their client complete the financial disclosure process accurately, identify any discrepancies that might appear, and influence the proceedings to follow.
Colorado upholds an equitable distribution law in divorce. This means that a divorcing couple’s property must be divided in the most equitable, but not necessarily equal, manner. Colorado is also a “dual property” state, meaning the state recognizes marital property and separate property in divorce. When a couple ends their marriage, each spouse retains ownership over their individual property, and the couple divides marital property in a fair way. The reason for the divorce rarely influences property division determinations unless the couple has a prenuptial contract in place with specific terms and conditions regarding property division and potential reasons for divorce.
Most couples divorcing in Colorado opt for alternative dispute resolution instead of litigation. Divorce mediation can serve as a private settlement negotiation for divorcing spouses, allowing them to complete their divorce in a fraction of the time that litigation requires. Your Colorado Springs property division lawyer can help you determine the best approach to your unique situation.
Our Attorneys Meet Your Legal Team
At Johnson Law Group, our team of skilled and understanding legal professionals proudly provides comprehensive and efficient legal services for all clients.
Why Should I Hire a Colorado Springs Property Division Attorney?
While navigating a divorce case without legal representation is technically possible, doing so inherently puts you at a disadvantage. This is especially true if your spouse hires a divorce lawyer. While you and your spouse may be on civil terms, divorce can quickly escalate into an emotional court battle, and having objective and experienced legal counsel on your side can help you remain focused on the practical matters your divorce entails.
Property division requires an extensive financial disclosure process, a detailed review of all the married couple’s assets and property, and careful examination of the couple’s shared and separate debts. Your attorney can assist with these aspects of your divorce case and provide ongoing support as the case unfolds.
Call (719) 624-8712 or contact us online to schedule a consultation with a Colorado Springs property division attorney.
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Individualized AttentionJust as each family is unique, so is each family legal matter. We always take the time to completely understand your situation so that we can tailor our advice and strategy accordingly.
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Highly RecommendedOur clients often take the time to write and thank us, not only for the results we have earned for them but also for the respect we’ve shown them.
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Supportive CounselWe never lose sight of the fact that divorce and other household conflicts can feel overwhelming. Our family lawyers will answer all of your questions to ease your burden in this difficult time.
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- Tangee B.
I hired Johnson law group for an adoption matter. I worked with Daniel Sol as my attorney and his assistant Katie Wilson. They were with me every step of the way. Daniel listened to all of my concerns and helped to address all issues. Without their assistance and guidance, I would have had a much harder time making it through my case! I highly recommend Daniel sol, Katie Wilson and Johnson law group
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I was in a very difficult custody/child support dispute with my ex-spouse. The Johnson law Group and in particular Elizabeth Gregory was phenomenal with their representation of my case. Working with her was such a wonderful experience, kept our goals at the top of every conversation, knew all points and avenues that we could take, never lead us in the wrong direction. I would recommend this firm to anyone who is going through a family law issue.- Liz
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They were very professional and showed heart warming empathy towards me. The entire group treated my like an actual person and not just another client. My questions were always answered in a timely manner and the process was so easy. I would absolutely recommend the Johnson Law Group to anyone reading this and I will be telling anyone I know, that may also need their services. They will treat you right and be in your corner.- Kimberly D.
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- Morgan M.
Katie and Daniel were both attentive and able to handle a case of mine in a short period of time. I highly recommend this firm.
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They’re professional and supportive team work was beyond efficient and they got the job done in the least amount of time and with the least stress possible. They’re an amazing team to help with family needs and are always available to answer any questions or support. I would definitely recommend Myles and Genet Johnson for any family legal needs.”- M.A.
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Andrea Dulton, Is pleasant, professional, extremely knowledgeable. I feel confident that she is going to win our Case. On a personal note, I like her, she makes me comfortable.- Kim E.
Jenny Little is a professional, patient, and knowledgeable individual. Regrettably, I haven’t had the chance to meet Jenny in person. -
This review nor a amount a amount of characters can express how grateful I am for Johnson law. From the moment I called they gave me a peace of mind that they where going to be able to help me through my child custody situation. I worked with Yasaman and she was super professional and caring. From the moment she started working on my case and laid down the road map to our approach to my case it happened to a tee. She never misled me or over promises anything but over delivered every step of the way! The last 6 months would of been hell if it wasn’t for Johnson Law and Yasaman.- Jaime S.
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From the initial phone call I spoke to Myles Johnson, he gave great direction on how to proceed. Then acquiring the firm as my legal representation I worked with Said and he helped me step by step to get what I was looking for. I have already recommended two different individuals I know to Johnson Law Group and will be using them for all future situations. From the legal team to Cory at the front desk, everyone at the firm is top-notch.- Brady M.
frequently asked questions Property Division in Colorado Springs
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What Are the Five Stages of Property Division?Property division involves five key steps: identification, classification, valuation, dispute resolution, and asset division. A thorough financial disclosure is crucial for a fair outcome. All property must be identified and classified as either marital or separate. Then, it is appraised to determine its value. Next, couples can negotiate a settlement, often through mediation, which allows for more personalized agreements. If negotiation fails, a judge will resolve any disputes. Finally, the property is divided according to the agreement or the judge's decision.
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Can Separate Property Be Divided in a Divorce?Generally, separate property is not subject to division in a divorce. This typically includes assets owned before the marriage, gifts, inheritances, and anything gifted by one spouse to the other. However, separate property may be divided if it has been "transmuted," meaning the other spouse's efforts or contributions significantly increased its value.
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How Can I Avoid Property Division Litigation?Property division litigation can be lengthy, stressful, and expensive. A better approach is often alternative dispute resolution, such as mediation. Mediation can be faster and more likely to result in a mutually agreeable settlement than going to court.
