What are the Laws in Colorado about How Marital Property Will be Distributed After Divorce?
Colorado is an equitable distribution state. In order to distribute the marital properly fairly, a Colorado court will consider: the contribution of each spouse to the acquisition of marital property (including contributions by homemakers); the value of property to each spouse; the economic situation of each spouse; the desirability of awarding the marital home to the spouse with primary physical custody; any increases or decreases in the value of marital property during marriage; the use of separate property for the benefit of the couple during marriage; property acquired by gift or inheritance; property acquired after legal separation; property specifically excluded in premarital agreements; and certain pensions and retirement accounts. (Colorado Statutes Title 14, Article 10, Section 113)
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- Colorado Divorce Laws - What You Need to Know!
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- What are Grounds for Divorce in Colorado?
- What are the Residency and Filing Requirements for Divorce in Colorado?