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Colorado Springs Property Division Attorneys

Let Our Firm Help You Protect Your Assets & Rights

When navigating the complexities of divorce, few aspects are as emotionally charged or legally intricate as the division of property. At The Harris Law Firm, we understand how overwhelming this process can feel, and our dedicated Colorado Springs property distribution lawyers are here to guide you every step of the way. With years of experience serving the community, we aim to provide you with the clarity, confidence, and legal support you need to secure your fair share.

Contact us today at (719) 417-5779 for a free case evaluation.

Common Assets in a Divorce

Property division involves more than just splitting physical belongings; it encompasses all assets and debts acquired during the marriage. Common assets in a divorce often include:

Real Estate: The family home, vacation properties, or investment properties.
Financial Accounts: Joint bank accounts, retirement accounts, pensions, and brokerage accounts.
Personal Property: Vehicles, furniture, jewelry, and other valuable items.
Business Interests: Ownership stakes in businesses or partnerships.
Investments: Stocks, bonds, and other securities.
Debts: Mortgages, credit card debt, and personal loans.

Each of these assets requires proper valuation and classification to ensure an equitable distribution.

Separate Property vs. Marital Property

In Colorado, understanding the distinction between separate property and marital property is crucial for equitable distribution:

Separate Property: Includes assets owned by one spouse prior to the marriage, inheritances, or gifts specifically given to one spouse. These are typically not subject to division.
Marital Property: Refers to assets and debts acquired during the marriage, regardless of which spouse’s name is on the title or account. Marital property is subject to division under Colorado law.

However, some assets may fall into a "gray area." For example, if separate property appreciates in value during the marriage or is commingled with marital funds, a portion of it may be deemed marital property.

Colorado Property Division Laws

Colorado is an equitable distribution state, meaning that property is divided fairly but not necessarily equally. Courts consider a variety of factors when determining how to divide assets and debts, including:

The length of the marriage
Each spouse’s contributions to the marriage, including non-monetary contributions such as homemaking
Each spouse’s economic circumstances at the time of divorce
The value of each spouse’s separate property
Any increase or decrease in the value of separate property during the marriage
Any agreements made between the spouses, such as a prenuptial or postnuptial agreement

It’s important to note that marital misconduct, such as infidelity, is not typically considered in property division under Colorado law. The Harris Law Firm’s Colorado Springs property distribution lawyers will work diligently to ensure all relevant factors are accounted for, protecting your rights and financial future.

Frequently Asked Questions About Property Distribution

Can we decide how to divide our property without going to court? Yes, couples can negotiate their own property division agreements, either on their own or through mediation. However, it’s essential to have a knowledgeable lawyer review the agreement to ensure it is fair and legally binding.

How is debt divided in a Colorado divorce? Marital debt is generally divided in the same manner as marital assets—equitably. This means that both spouses may be responsible for debts incurred during the marriage, regardless of whose name is on the account.

What happens if my spouse is hiding assets? If you suspect your spouse is concealing assets, our attorneys can help uncover the truth through forensic accounting, subpoenas, and other legal tools. Hiding assets is illegal and can result in serious consequences.

Does property division affect child support or alimony? While property division is a separate issue, it can indirectly impact child support and alimony determinations by influencing each spouse’s financial circumstances.

How The Harris Law Firm Can Help

At The Harris Law Firm, we take a client-focused approach to property distribution cases. Our experienced attorneys will:

Identify and Classify Assets: We’ll work with you to create a comprehensive inventory of your assets and debts, ensuring accurate classification as either separate or marital property.
Valuate Property: Our team collaborates with trusted financial experts, appraisers, and other professionals to determine the fair market value of your assets.
Negotiate on Your Behalf: We strive to resolve disputes through negotiation and mediation whenever possible, saving you time and stress.
Litigate if Necessary: If an amicable resolution cannot be reached, our skilled trial attorneys will aggressively advocate for your interests in court.

Our goal is to help you achieve a fair and equitable property division outcome, so you can move forward with confidence.

Call (719) 417-5779 or contact us online today for a free initial consultation.

The Harris Law Firm Difference

WE CARE ABOUT OUR CLIENTS, OUR TEAM, & OUR COMMUNITY

Since 1993, our commitment has been to provide the best possible client outcomes through compassionate and effective representation. If you are facing a divorce or related family law matter, estate planning or tax issue, please contact our helpful, compassionate, and understanding attorneys to request a legal evaluation or you can submit your information to ask a legal question. We look forward to helping you!

Our Community

We’re proud to be part of Colorado’s legal and civic landscape and we view service as a responsibility, not a slogan. Through pro bono work, philanthropy, and volunteer efforts, we contribute to the strength, resilience, and well-being of the communities we call home.
Our Team

We’ve built a culture of collaboration, mutual respect, and shared success. Our attorneys and staff are empowered to grow, supported in their work, and united by a common goal: helping clients move forward with clarity and confidence. Behind every case is a team that brings insight, integrity, and care to everything they do.
Our Clients

We work with people facing some of life’s most consequential decisions, and we take that responsibility seriously. From day one, we provide thoughtful counsel, clear communication, and a legal strategy tailored to the person, not just the problem. Every case is different, but our commitment to client-centered service never wavers.

I would like to thank the team for your patience with us through what has been a very difficult process for us both.
“We had a successful conclusion to all of our work this morning. The court commented on the fine work that had been done using a combination of the collaborative process and our independent efforts. I would like to thank the team for your patience with us through what has been a very difficult process for us both.”

- Mark
I finally feel like someone is advocating for me.
“The best thing I have done during my contentious, high conflict divorce was to kindly say goodbye to my former attorney and to move forward with The Harris Law Firm. I finally feel like someone is advocating for me.”

- David
I AM THRILLED and relieved and so ready to move forward.
“I AM THRILLED and relieved and so ready to move forward. Thank you, everyone, for your hard work on behalf of my sweet daughter. God bless you!!”

- Jeni