Asset Protection Lawyer in Colorado Springs

Don’t File for Divorce Without Talking to An Asset Protection Attorney First

Who Gets What in a Divorce in Colorado Springs?

Do you need an asset protection lawyer in Colorado Springs? Are significant assets and property involved? If yes, contact us to schedule a free consultation with a lawyer at Perkins Law who will protect your rights and your assets.

As experienced divorce attorneys in Colorado Springs, we know that marriages end and divorce is hard. The details of your divorce decree, spousal maintenance agreement, child support agreement, or child custody agreement may seem straightforward, but without an experienced divorce lawyer, how can you be sure everything is fair and legal?

Hire the Colorado Springs asset protection lawyers at Perkins Law to navigate the choppy waters of divorce and keep your best interests in mind.

Protecting Your Assets Is Our Top Priority

We know how you feel—scared, worried, and overwhelmed. Even if you and your partner separated on friendly terms, divorce proceedings can reopen old wounds and conflicts. This is not a circumstance you can handle on your own.

Divorce is challenging, with or without the added stress of figuring out asset division.  Let the dedicated team of Colorado Springs asset protection lawyers at Perkins Law handle the hassle and paperwork for you. When you’re juggling one less ball during a divorce, you can focus on what matters most.

Why You Need an Attorney to Protect Your Assets

According to Justia.com, asset protection planning is a method used to shield assets that would otherwise be susceptible to legal judgments or claims by creditors or former spouses.  Just as the physical and emotional separation involved in a divorce can be taxing, so too can the process of separating the property and assets a couple acquired during their marriage.

If the parties can’t reach an agreement as to the division and distribution of their property, the Colorado Springs courts will do so for them. The law governing property and asset division in Colorado is often complicated. Disputes over property can be contentious, requiring a Colorado Springs divorce attorney who fully understands the principles that determine who gets what when a marriage ends.

Related: Why You Should Prioritize Asset Protection in Divorce in Colorado

What is Property Division in Colorado?

When the property is divided in a Colorado divorce, the first step is determining what assets are “marital property” and which are “separate property.”  Only marital property is subject to division and distribution in a divorce.

Generally, separate property is those assets each spouse had at the time they got married, as well as property one spouse obtained by gift or inheritance during the marriage.

Marital property is whatever was acquired during the course of the marriage, including the increase in value or appreciation of separate property during the marriage.

How to Work with a Colorado Springs Asset Protection Lawyer

At Perkins Law, our experienced divorce attorneys in Colorado Springs are familiar with El Paso County courts and judges and are dedicated to helping you navigate the complex legal process of asset protection and divorce. Our team will provide level-headed answers to your important questions and ensure you don’t make any moves that could negatively impact your divorce. Trust the Colorado Springs family law attorneys at Perkins Law to look after assets and interests.

Step 1

Call us to set-up your initial free, and confidential, telephone consultation.

Step 2

Meet in person or on the phone with an experienced El Paso County asset protection attorney to discuss your case.

Step 3

You can rest easy knowing that a compassionate Colorado Springs asset protection lawyer is on your side.

 Expert Asset Protection Guidance in Colorado Springs

When it comes to safeguarding assets during divorce in Colorado Springs and El Paso County, Perkins Law recognizes the importance of delivering personalized attention and support to individuals facing this complex process. Our approach extends beyond legal representation; we are committed to gaining a deep understanding of each client’s unique circumstances and objectives.

By actively listening to your concerns and gaining insight into your situation, we strive to provide the attention, care, and thoughtfulness you deserve during this profoundly personal and crucial matter.

Throughout your divorce case, our team will stand by your side, offering unwavering support and guidance. We are dedicated to being available and responsive from your initial consultation to the conclusion of your case and beyond.

Navigating asset protection during divorce is a significant undertaking, and it is crucial to have a legal team that comprehends the legal intricacies and values the emotional and personal aspects of the process. At Perkins Law, we are committed to providing a supportive and empathetic approach, ensuring that you receive the individualized attention and care needed to move forward with clarity and confidence during this challenging time.

Related: Protecting Your Privacy in Divorce

colorado springs divorce lawyers

Experienced Asset Protection Lawyers in Colorado Springs

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Hands-on Representation

At Perkins Law we are dedicated to hands-on and attentive legal representation through every step of your case. You never deal with anyone unfamiliar with your case.

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Decades of Experience

With decades of combined family law experience, our team of expert divorce attorneys knows the El Paso County court system and how to handle your divorce with the care you deserve.

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Clear Lines of Communication

Open and transparent communications. No legal jargon. You get honest answers in terms you can understand.

Extensive Experience in Family Court

Perkins Law in Colorado Springs boasts extensive experience in family court, providing comprehensive representation in various divorce-related matters, including divorce, separation, and annulment in the Colorado Springs area. Our El Paso County attorneys are well-versed in handling complex issues such as asset protection in divorce, child support enforcement and modifications, alimony, and spousal maintenance, as well as military divorce cases.

Successful Spousal Support Rulings

Perkins Law has a proven track record of securing successful rulings for our clients regarding spousal support. Our thorough approach to advocating for fair and equitable spousal support arrangements reflects our commitment to safeguarding the rights and financial well-being of our clients during and after divorce.

Comprehensive Legal Support for All Clients

We counsel clients through every aspect of divorce, from pre-divorce planning to post-divorce issues, including:

Whether you have children or not, whether your marital assets are relatively simple and modest or complicated and extensive, we are the experienced divorce attorneys in Colorado Springs you need to help you through the process. We will ensure that you are afforded all of the protections and rights that Colorado divorce law provides.

See Also: What To Ask For In a Divorce Settlement Agreement

Why Choose Perkins Law for Colorado Springs Divorces

At Perkins Law, we know that family law attorneys in Colorado Springs are a dime a dozen. But would you trust your future well-being and financial security to just any lawyer off the street?

No. You want a staunch advocate on your side, an attorney who will advocate for your and your children’s rights and personally be there every step of the way. That is our promise at Perkins Law in Colorado Springs.

Experience

From our paralegals to our attorneys, we bring an unparalleled level of experience to every client. At Perkins Law, everyone on our team is familiar with the intricacies of the El Paso County family court system. Our decades of experience translate to quicker case resolution.

Communication

At Perkins Law, we know that communication is the key to success and peace of mind. When you hire our divorce attorneys, we keep you in the know every step of the way. Not only that, we promise that you will never deal with anyone unfamiliar with your case and your circumstances. Our level of personal attention and communication is incomparable to other Colorado Springs family law firms.

Compassion

Seeking to end a marriage, no matter how long or short it was,  is a deeply personal decision, and you deserve representation that takes the matter as seriously as you do. At Perkins Law, we place our clients first – that means listening with a compassionate ear when you need one, returning your calls, and advocating for your needs. You feel valued because you are.

Respectful. Professional. Tenacious.

Respect and professionalism are our bedrock values. This extends not only to you and your family but to opposing counsel and the court as well. When emotion, pettiness, or disrespect interfere with clear thinking and a focus on the issues, additional conflict is often the result. This leads to greater costs and reduces the chances of an amicable and positive resolution.

We don’t let that happen. As your lawyer, our job is to solve problems, not to add to them, to minimize acrimony and to maximize the likelihood of a full and fair settlement. However, respect and tenacity are not opposing values. We fiercely protect our client’s rights and will do everything possible to ensure our client’s well-being.  Additionally, when matters need to be resolved through litigation, we come thoroughly prepared to advocate on behalf of our clients zealously.

Protecting Your Interests In Divorce Proceedings

Ensuring that each spouse receives adequate asset protection that reflects the proper value of that property and complies with the law is a task that no one going through a divorce should attempt without sound legal guidance. Always seek counsel from an experienced Colorado asset protection lawyer.

The top-rated attorneys at Perkins Law will protect your rights, advise you of your options, and fight for your financial freedom and your future at every step.

Get Answers to Your Questions

Divorce may not be easy, but finding a divorce attorney in Colorado Springs who will sit down with you and advocate for you when you need them doesn’t have to be hard. If you are considering divorce or are facing issues related to divorce, we look forward to assisting you during this challenging time.

 

Frequently Asked Questions

What is “Equitable Distribution” of Marital Property in Colorado?

Marital property in a Colorado divorce is divided by using a legal principle known as “equitable distribution.” However, “equitable” does not necessarily mean “equal.” Rather than simply dividing property 50/50, Colorado courts will consider a number of factors in determining how to fairly and equitably distribute a couple’s property.

Specifically, the following considerations go into a judge’s determination as to how property is to be divided between the spouses:

  • The contribution of each spouse to the acquisition of the marital property, including the contribution of a spouse as homemaker;
  • The value of the property given to each spouse in the property award;
  • The economic circumstances of each spouse at the time the division of property is to become effective, including the desirability of awarding the family home or the right to live therein for reasonable periods to the spouse with whom any children reside the majority of the time; and
  • Any increases or decreases in the value of the separate property of the spouse during the marriage or the depletion of the separate property for marital purposes.

One factor Colorado Springs courts will not consider as part of the analysis is marital misconduct.

How is the Marital Home Divided?
For many, if not most couples, their home is the single largest asset they own, and one that is often of great emotional value in addition to economic value.

In dividing the value of a marital home, a Colorado court will attempt to determine the amount of equity in the property. The court will divide that amount between the parties, with adjustments and buyouts made if the home is to be retained by one of the spouses. The equity is the market value of the home minus any liabilities against the property, such as a mortgage, taxes, or home equity loans.

Equity in a marital home can be divided into one of three primary ways:

  • The spouses sell the home and divide the proceeds;
  • One spouse retains ownership, refinances the home, and “buys out” the other party; or
  • When children are involved, the custodial parent remains in the home with the exclusive use and possession for a certain period of time (until the kids go off to college, for example), then either can buy out the other spouse or sell the home and divide the proceeds.

What can make asset division even more complex are issues relating to the proper valuation of property, the allocation of debts and liabilities, and providing for the distribution of such assets as pensions, retirement accounts, profit-sharing plans, and the like.

Reach Out to the Colorado Springs Divorce Attorneys at Perkins Law

Whether you are petitioning for a divorce or receiving such a request, you need an experienced and compassionate attorney to represent your interests. Schedule your free, confidential consultation with Perkins Law today.