Whether it was a marriage that lasted decades or just a few short years, spouses bring a lot to a marriage. And for each year of marriage, spouses bring more and more into the relationship. Because of this, property division can be a very contentious issue. No one wants to walk away from a marriage feeling like they do not maintain ownership of what is rightfully theirs. Thus, divorcing spouses in Colorado and elsewhere should take the time to explore their rights during this process.
It is clear that divorce is an emotional process, causing spouses to sometimes have concerns for their post-divorce life. At Shea L. Burchill, P.S., our experienced legal team seeks to ease your troubled mind by guiding you through the property division process. This means explaining the laws of the state, how a marital agreement applies, if ones exist, what assets and property are up for division and what steps you can take to protect separate property.
Our law firm often works with financial experts. This ensures no assets are hidden and each spouse has been forthcoming when it comes to revealing their assets and property. Then, we look at everything brought to the table, determining if it falls under the category of marital or separate property. Finally, we look at the marital property as a whole, determining what a fair division would look like. While fair may not be equitable, this can help divorcing spouses work through this difficult process.
To learn more, check out our law firm’s property division website. It is important to have guidance during a contested divorce, especially if you are seeking to protect assets that are separately owned from you former spouse. This will ensure you will leave the marriage with what is rightfully yours.