Pueblo Family Law Attorney Explains Equitable Distribution in Colorado

If you are getting divorced in the state of Colorado, you have probably heard the term “equitable distribution.”  Many couples misinterpret this term to mean a 50-50 split of all marital assets, but equitable doesn’t mean equal.  A Pueblo Colorado family law attorney can help you better understand the law and make sure you get your fair share in a property settlement.

Looking at the financial situation you are in at the time of separation will help you determine how your property and assets should be divided.  Here are some of the key points our Pueblo divorce attorney will want you to review:

What is the value of any separate property that you or your spouse own?  Separate property includes anything that was acquired by you before the marriage, such as a house, car, or trust fund.

• Has one of you done all or most of the work required attaining your marital property? 
• Can either spouse prove that the other one has intentionally dissipated or wasted any of the marital property?
• Does one of you have substantially greater earning power?
• How long have you been married, and what was your approximate net worth before the marriage?
• Which one of you bears the greater share of responsibility for child-rearing?
• Have you or your spouse been accused of domestic violence or infidelity?

Even though the answers to some of these questions may have little impact on your property settlement, each factor may be weighed subjectively in a courtroom or during mediation.  Because “equitable” is more about fairness than equality, you may be entitled to a greater share of the marital assets than you originally anticipated.  A Pueblo family law attorney will be able to use his or her experience and knowledge of Colorado family law to ensure you come to a fair settlement.