In Colorado, marital property is any property and/or debt acquired from the date of the marriage through the date of the decree of divorce/legal separation. This is regardless of whether you have lived apart, or whose name is on the property. There are exceptions for separate property which include property a party received before the marriage or property a party received as an inheritance or as a gift (not generally counting a gift from your spouse). Furthermore, any increase in value of separate property during the marriage is considered marital property and will be divided by the Court. Take note – it is important to keep track of your separate property. If your separate property is mixed in with marital property (like depositing money from an inheritance into a joint bank account), it may no longer be considered separate property. Do you have questions about separate or marital property?
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