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 (720) 744-3513 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 (720) 744-3513 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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Myles is very professional and well informed in his field. Cassidy their paralegal was also extremely helpful and client driven . 5 stars!- Stevie
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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
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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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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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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.
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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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Before working with Johnson Law. I had a previous attorney who completely screwed us over. He definitely only took us on for the money. He had no communication, mixed us up with different clients and so much more. So my husband and I were very scared working with a different attorney and getting screwed over again but we took the chance with Johnson law. We are currently working with Shana Velez, Kristina Contreras, and Julie Hernandez. After expressing my concerns because of the previous attorney they have kept amazing communication with me. They know who they are speaking to every time, they know my case, and they definitely don’t try to just take my money. They do their best to save me money as much as they can! These ladies have done such an amazing job with my case so far! 10/10 highly recommend! I will be back with another review once we are done working with them :)- Sierra S.
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Myles is the most amazing attorney to ever exist. He is always responsive. Cut me a couple deals with phone conversations. He was so helpful throughout the entire process and really cares for his clients. My family would not be whole if it wasn’t for him. I will forever be indebted to him and would refer anyone that needs a family law attorney to this practice. Thank you so much Myles.- Corey
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.
