Colorado Marriage Laws Property. In colorado most assets acquired during a marriage are considered marital property which is subject to division by the courts in a divorce. Findlaw guide to divorce and property division.
Who owns what property in a marriage after divorce or after a spouse s death depends on whether the couple lives in a common law property state or a community property state during marriage these classifications may seem trivial and typically aren t a factor but in the unfortunate events of divorce or death these details become very important. The process of property division is affected by state laws such as community property laws definitions of marital contributions etc. Once property is deemed marital then the court considers how to divide the marital property.
Colorado is an equitable distribution state and only property acquired during the course of the marriage is subject to division following divorce.
In colorado most assets acquired during a marriage are considered marital property which is subject to division by the courts in a divorce. Findlaw guide to divorce and property division. Generally marital property is property acquired by either spouse after the marriage. Marital property and separate property.
