Property Division

No, Colorado is not a 50/50 (community property) state. Colorado is an "equitable division" state, which means marital property is divided fairly, but not necessarily equally. **What "equitable" means:** - Fair under the circumstances - Based on relevant factors - Often close to 50/50, but not always - Considers each spouse's situation **Factors courts consider:** - Each spouse's contribution to acquiring marital property - Value of property set apart to each spouse - Economic circumstances at the time of division - Changes in value of separate property during marriage - Depletion of separate property for marital purposes **When division might not be equal:** - One spouse has significantly more separate property - One spouse dissipated (wasted) marital assets - Significant differences in earning capacity - Length of the marriage - One spouse's contribution to the other's education/career **Common misconception:** Many people assume equitable means equal, and often it does end up close to 50/50. But the court has discretion to divide property differently based on what's fair in your specific situation.