Westminster Property Division

Skilled Property Division Lawyers Advocating for Westminster Residents

Property Division in Westminster, ColoradoDuring a divorce, the division of property can be one of the most confusing and complicated processes for all parties involved. What assets will need to be divided and what assets will be kept separate? What constitutes marital property and how will its value be decided? At Plog & Stein, P.C., our Westminster property division lawyers have seen it all and can help answer these divorce questions related to your property division case. Our skilled team brings decades of family law experience to protect the assets you’ve accumulated during the course of your marriage.

Preserving Your Assets in a Westminster Divorce

Colorado courts follow “equitable distribution” when it comes to dividing property in a divorce. “Equitable distribution” means property will be divided as the judge determines to be fair. However, the court only has the authority to divide “marital property,” which will generally be property acquired during the marriage, but for a few statutory exceptions. Rest assured that the attorneys at Plog & Stein are well versed in all of the statutory exceptions and intricacies related to marital property and your interests. As stated in C.R.S. 14-10-113, the court “shall divide the marital property, without regard to marital misconduct, in such proportions as the court deems just after considering all relevant factors.” In most instances, courts will divide the marital estate equally. This also holds true when cases are resolved through the negotiation process.

Though not common, there are instances in which a court might order an unequal distribution of marital property. Relevant factors that can affect whether a property is unequally distributed include: what contributions each spouse has made to the acquisition of the property (including contributions of a spouse as a homemaker), the value of the property set apart to each spouse, the economic circumstances of each spouse, and any increases or decreases in the value of a separate property of the spouse.

Classification of property as either “marital” or “separate” will determine if the property is subject to division at the time of the divorce. “Marital” property is any property acquired during the marriage, with the exception of gifts or inheritances. Also, increases in the value of “separate” properties during a marriage and “separate” property that becomes jointly titled may be considered “marital” and subject to division in a divorce.

There are a variety of methods used to assess value and divide the many forms of marital resources like businesses, real estate, pensions, 401Ks, and stocks. The valuation process can be convoluted and confusing, and sometimes necessitates the use of experts. It is important to discuss your Westminster property division case with a seasoned attorney who can help analyze all assets to determine if they are marital or separate property and how best to value them. At Plog & Stein, we deal with both complex and simple martial estates, knowing full well how important preserving and protecting your assets and rights are to you.

Property Division Attorneys Helping Westminster Residents

The City of Westminster is constructing a new downtown area on a 105-acre site at US 36 and Sheridan Boulevard. Already known for its high quality of life, this new Downtown Westminster development will become the next urban center on Colorado’s Front Range. Real estate values are rising in the area, and if you are dealing with a divorce, you need a property division lawyer who understands how to protect your hard-earned assets. Whether you have to divide actual real estate or other assets, our Westminster property division attorneys at Plog & Stein, P.C. are well versed in analyzing marital property of all kinds and we are ready to assist you with your case. Call us at 303-781-0322 to go over your questions about property division in your divorce or contact us to set up an appointment today.

Client Testimonials
  • His passion and ferocity kept me going through this long ordeal.
    When I first came to Plog & Stein it was simply discuss the renegotiation of child support. Little did I know that within 72 hours I would be retaining Steve Plog for a custody battle. His passion and ferocity kept me going through this long ordeal. I have recommended him to my friends and I would recommend him to anyone with who wants honest and effective representation.
    ★★★★★
  • I recommend Sarah and the attorneys at Plog & Stein to anyone that has these types of family issues and need strong, knowledgeable representation.
    I am thankful for the job Sarah McCain did for me in my fight with my ex-wife for visitation rights with my daughter. Sarah and the team at Plog & Stein handled my case in an efficient, affordable, and professional manner. Sarah negotiated a new parenting plan as well as acceptable visiting rights and even a favorable modification in my child support. I recommend Sarah and the attorneys at Plog & Stein to anyone that has these types of family issues and need strong, knowledgeable representation.
    ★★★★★
  • At the end of the day he was able to produce a settlement that was fair to both parties.
    I highly recommend Stephen Plog for anyone in need of a top notch domestic relations attorney. After a 27 year marriage, Stephen represented me in a complicated and sometimes bitter divorce with many unique challenges. At the end of the day he was able to produce a settlement that was fair to both parties but limited my alimony payments to only 3 years. He is smart, cuts to the chase, knows the court system in the Denver metropolitan area and can be trusted to get his clients the best possible settlement.
    ★★★★★
  • Their service was outstanding, with prompt responses to all of my questions.
    Sarah McCain and Plog & Stein were wonderful to me during such a difficult time in my life. Their service was outstanding, with prompt responses to all of my questions and creative ideas throughout the proceedings to help things go smoothly. Sarah's compassion, patience, and expertise were especially invaluable to me. I highly recommend them.
    ★★★★★