Dividing Property And Assets During A Divorce

In Colorado, property and assets are one of the many things that a court has to consider in completing a divorce and the divorce process. Assets specifically are divided equitably, is what the statute requires, and what in practice that means is usually a fairly equal division of the assets between the parties. Any asset division is also offset by any debt or other amounts that the parties owe and the court comes to a final equitable division of all of the marital assets and debts in the process of completing a divorce. If you have any other divorce questions, we’ll be happy to take care of your questions and answer them here at Miller & Steiert.