Fort Collins Property Division Lawyer

FORT COLLINS
PROPERTY DIVISION
LAWYERS

Fort Collins property division attorneys

Going through a divorce is almost always difficult. Navigating family changes often feels challenging, as your ideas of home and stability are redefined. One of the biggest concerns many people have during a divorce is that their spouse will get all the assets. Though it is normal to be concerned about your belongings and finances, this anxiety often leads couples to make demands or decisions during a divorce that they otherwise wouldn’t.

Despite this, the process of dividing marital property can be made easier by a qualified Fort Collins property division attorney. A good lawyer will ensure that everything is divided according to state and federal family law requirements, so that you can move through your divorce with confidence.

Fort Collins

No Matter Where Life Takes You We've Got Your Back With Additional Offices in Illinois, Florida & Wyoming

WHAT IS PROPERTY?

It is essential to understand what types of assets are on the table during property division. Because property refers to all your belongings and not just real estate, there is often some confusion about this.

The following will be divided between you and your spouse during a divorce:

Private or residential properties, such as primary homes, vacation homes, hunting property, etc.
Businesses and commercial property
Investments
Savings accounts
Debts
Retirement accounts
Vehicles

In some situations, these divisions happen easily. For example, if both parties have vehicles of relatively equal value, the court will likely see fit for each individual to keep their own car.

In other situations, the distribution of assets is more uneven.

How fort collins homes are divided

There are a few ways to go through property division for your Fort Collins home. In some cases, the property is put up for sale, and each spouse gets an appropriate part of the profit when it sells. In other cases, one spouse would like to keep the home as part of their asset settlement. This is allowable as long as the other spouse and their attorney agree to the arrangement. In this case, the house may be appraised. Again, one spouse will keep the home, while the other one will be entitled to assets equaling the home’s value.

It is important to note that the latter option is not always available. For example, if the home represents the bulk of the couple’s assets, there may not be a way to give other equal assets to the other spouse. In these cases, the couple’s Fort Collins attorneys will negotiate.

Asset Equity vs. equality

When a home is sold during a Fort Collins divorce, many people assume that the profits will be split equally, and each spouse will take half. Though this certainly does happen, many judges will consider contributions to the property, allowing one spouse or the other to keep slightly more. For example, if one spouse spent a significant percentage of their income renovating the home, a judge may take that into account and give that spouse slightly more profit.

This applies to other assets as well. For example, if one spouse contributed a more than equal share to shared purchases, a judge may take this into account and allot more assets to that spouse.

The unpaid family role

If you were not the primary breadwinner in your marriage, the above information likely seems bleak. However, there is no need to worry. Courts take into account lots of unpaid roles in family life and ensure that the spouses who perform those roles are compensated.

For example, if you were a stay-at-home parent while your spouse worked, the courts will assign value to your position in the home. Child rearing, cooking, cleaning, etc., are all significant undertakings. Just because you did not bring in money from outside the home does not mean that your spouse will get everything. You may be entitled to spousal support as well as your fair share of assets.

Marital property and separate property

Something that often comes up during property division is the concept of marital property vs. separate property. Marital property is relatively easy to understand. It is simply assets that you and your spouse acquired during your marriage, such as real estate, bonds, stocks, etc.

Separate property is a bit more nuanced. There are a few ways to define separate property, and they are:

Property acquired before the marriage
Inheritances
Gifts

Be aware that separate property can become marital property. For example, if one spouse purchased a home before getting married and then put their spouse’s name on the deed after marriage, that home would be marital property.

Any interest or increased value accrued on separate property during the span of the marriage is also considered marital property. For example, if one spouse buys a stock for $5 per share before marriage, but the stock increases from $5 to $50 per share during the marriage, that $45 increase is considered marital property.

It is also worth noting that separate property can still be divided during a divorce, especially if one spouse has significantly more separate property than the other. The only way to fully protect your separate assets in a divorce is to sign a prenuptial agreement before marriage. If you fail to do so, your separate property may be divided during divorce negotiations.

Continue Reading Read Less

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.

MEET THE TEAM

DO I NEED AN ATTORNEY FOR MY FORT COLLINS DIVORCE?

When you undergo divorce proceedings and property division, there are a lot of legal minutiae at play. Therefore, it is always in your best interest to seek out a law firm and a divorce attorney that you trust. This individual will help ensure that you get what you deserve from your divorce and ensure that all applicable assets are appropriately divided.

It is also important to note that agreements such as child custody and child support are determined during divorce proceedings. Therefore, if you want your fair share of child custody and support in caring for your children, you will need an attorney.

Individualized Attention
Just 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.
Highly Recommended
Our 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.
Supportive Counsel
We 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.

“They actually care about helping loving parents get to see their children.”
My Attorney and Paralegal Kara Mietlicki are such a wonderful team. I’ve seen them in action and it’s amazing.They will go to battle for someone that they believe in. They will work endlessly to make sure that their client gets their paternal rights. I am thankful that they are by my side through the toughest struggle I have ever experienced in my life. I highly recommend their representation.

- Shawndabney W.
“When you have someone in your corner that understands the importance of family it makes the situation a ton easier.”
I wasn’t familiar with the process of child custody but I must say not only did Myles and his team direct me properly but it was a process that wasn’t money motivated. Very professional group, I was constantly informed of any step or move needed to be made, and they took a very stressful situation and made it a very pleasant storm. Thank you Myles and Johnson group for everything!”

- Dwight
“I highly recommend this firm.”
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.

- Morgan M.
“Myles took great care in guiding a smooth process from start to finish drafting a prenuptial agreement.”
He was responsive, efficient, and coordinated well with my wife’s attorney. Very happy with the final result.

- Nick
“Myles kept me level headed, focused, and listened to what I wanted and really fought to get it for me.”
Myles is the best representation for anyone who has to go through an APR case. From day 1 he was very welcoming and attentive to me and what I was going through. I always felt very respected by him and the other members of his firm. Myles always took the time to really investigate any information or things involved with my case. I knew he was truly invested in my best wishes. When there were deadlines that needed to be met, they always were. If I was ever confused about a process, paperwork or court proceedings Myles took the time to explain and make sure I was comfortable and understood what was going on. All the way through Mediation. He was an absolute success and I could not have asked for better representation. I will always recommend Myles to anyone in need an attorney.

- Aaron
“I contacted Johnson Law Group, the team was exceptional in applying the law, and very responsive.”
I have a high profile case involving a custody matter, that stretched across multiple States, which included Colorado. At one point I had 4 Law firms attending to the matter in 4 different States, Johnson Law Group stood out as the best Law Firm, exemplifying integrity, fairness and strategies for the case. I highly recommend Johnson Law Group.

- Jorel S.
“Without their assistance and guidance, I would have had a much harder time making it through my case!”
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

- Tangee B.
“My experience with the Johnson Law Group has been nothing more than spectacular.”
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.

View All Reviews

CONTACT JOHNSON LAW GROUP

Johnson Law Group is your foremost Fort Collins property division attorney. With decades of experience, we can help make your divorce as smooth and equitable as possible.

Do not wait; contact us to schedule a consultation.

Unwavering Commitment to Supporting Colorado Families YOUR
N RTH
STAR

First Name
Please enter your first name.
Last Name
Please enter your last name.
Phone
Please enter your phone number.

This isn't a valid phone number.
Email
Please enter your email address.

This isn't a valid email address.
Are you a new client?
Please make a selection.
How can we help you?
Please enter a message.
By submitting, you agree to be contacted about your request & other information using automated technology. Message frequency varies. Msg & data rates may apply. Text STOP to cancel. Acceptable Use Policy
By entering your phone number and submitting this form, you agree to receive marketing text messages (e.g., promos, cart reminders) from Johnson Law Group or Johnson O'Keefe at the number provided, including messages sent by auto dialer. Consent is not a condition of purchase. Msg & data rates may apply. Message frequency varies. Reply STOP to unsubscribe at any time.

Contact 719-624-8712

Locations

Colorado Springs
2139 Chuckwagon Road
Suite 210
Colorado Springs, CO 80919
Map & Directions
Commerce City
13599 E. 104th Avenue
Suite 300
Commerce City, CO 80022
Map & Directions
Denver
1801 Broadway
#900
Denver, CO 80202
Map & Directions
Fort Collins
2580 E. Harmony Road
Suite 201
Fort Collins, CO 80528
Map & Directions
Englewood
385 Inverness Parkway
Suite 250
Englewood, CO 80112
Map & Directions

Follow Us

Retainer Payment Invoice Payment

VISIT OUR ADDITIONAL OFFICES

FORT COLLINSPROPERTY DIVISIONLAWYERS

Fort Collins property division attorneys

WHAT IS PROPERTY?

DO I NEED AN ATTORNEY FOR MY FORT COLLINS DIVORCE?

CONTACT JOHNSON LAW GROUP

FORT COLLINS
PROPERTY DIVISION
LAWYERS