Denver Asset Division Lawyer

Protecting Your Financial Interests in a Divorce

Divorce can be one of the most challenging experiences in life, and one of the most contentious aspects of the process is the division of assets. Understanding Colorado’s equitable distribution laws is crucial to ensuring a fair outcome, whether you have significant assets, complex investments, or unique property concerns. Baker Law Group is committed to guiding individuals in Denver through the intricacies of asset division with legal precision and client-focused advocacy. If you are going through a divorce, contact our Denver asset division attorney today. 

Understanding Asset Division in Colorado

Colorado follows the principle of equitable distribution when dividing marital assets. This means the property is divided relatively—but not equally—based on several factors. According to C.R.S. § 14-10-113, courts consider multiple elements when determining how to allocate property, including:

• Each spouse’s economic circumstances at the time of the divorce.
• The contribution of each spouse to acquiring, maintaining, or increasing the value of marital property.
• Any depletion or dissipation of marital assets by either party.
• The value of separate property owned by each spouse.
• Agreements are made between the spouses, such as prenuptial or postnuptial agreements.

Our Denver asset division lawyer provides experienced legal counsel to help clients navigate these legal factors and advocate for a favorable resolution.

Differentiating Between Marital and Separate Property

One of the most critical aspects of asset division is determining what is considered marital property versus separate property:

• Marital Property: Generally includes assets and income acquired by either spouse during the marriage, regardless of whose name is on the title.
• Separate Property: Includes assets owned before the marriage, inheritances, gifts received by one spouse individually, and assets protected under a valid prenuptial agreement.

While separate property is typically not subject to division, disputes can arise when separate assets are commingled with marital assets. For example, if one spouse inherited money but deposited it into a joint account, the court may consider it marital property. The Denver divorce lawyers at Baker Law Group assist clients in protecting their rightful assets and ensuring a fair property classification.

High-Asset Divorce and Complex Property Division

For high-net-worth individuals, asset division can become significantly more complicated. High-asset divorces often involve:

• Real estate holdings (residential and commercial properties)
• Retirement accounts and pensions
• Business ownership and investments
• Stock options and deferred compensation
• Trusts and inheritances
• Hidden assets and forensic accounting investigations

If you are facing a divorce with substantial assets, it is crucial to work with a knowledgeable high asset divorce attorney in Denver who understands complex property valuation and financial analysis. Baker Law Group collaborates with forensic accountants, business valuation experts, and financial professionals to ensure that all assets are accurately assessed and relatively divided.

Retirement Accounts and Asset Division

Retirement accounts such as 401(k)s, IRAs, pensions, and annuities are often subject to division in a divorce. Colorado courts may issue a Qualified Domestic Relations Order (QDRO) to facilitate the fair allocation of retirement funds. However, improper handling of these accounts can result in significant tax penalties and financial losses. Our team ensures that retirement assets are divided efficiently and complies with federal and state laws.

Business Ownership and Divorce

If one or both spouses own a business, dividing business assets presents additional challenges. The court must determine:

• The value of the business
• Whether the business is marital or separate property
• How to fairly allocate business assets without disrupting operations

Our Denver asset division attorneys at Baker Law Group understand the nuances of business valuation and work to protect our client’s financial interests while ensuring a fair resolution.

Hidden Assets and Financial Transparency

Sometimes, a spouse may attempt to hide or undervalue assets to gain a financial advantage in divorce proceedings. Common tactics include:

• Transferring assets to friends or family
• Undervaluing business interests
• Hiding offshore accounts
• Overstating debts

Baker Law Group conducts thorough financial investigations to uncover hidden assets and ensure full transparency during asset division proceedings.

Mediation vs. Litigation in Asset Division

While many asset division cases can be resolved through mediation or negotiation, some disputes require litigation. Mediation allows both parties to work together to reach a mutually beneficial agreement, often saving time and legal expenses. However, Baker Law Group is fully prepared to advocate for our clients in court if a fair resolution cannot be reached.

Why Choose Baker Law Group for Your Asset Division Case?

Baker Law Group is dedicated to protecting our client’s financial interests with strategic legal advocacy and personalized representation. When you work with us, you benefit from:

• Experienced Denver family law attorneys who understand the complexities of asset division.
• Tailored legal strategies based on your unique financial situation.
• A commitment to achieving fair and equitable outcomes.
• Aggressive litigation when necessary to protect your rights.

Contact a Denver Asset Division Lawyer

If you are going through a divorce and need assistance with asset division in Denver, Baker Law Group is here to help. Our attorneys will work tirelessly to ensure your financial future is protected and you receive a fair property division under Colorado law.

Contact Baker Law Group today to schedule a consultation with an experienced Denver asset division lawyer. Let us help you navigate the complexities of property division and secure the best possible outcome for your case.