Is Colorado a Community Property State?

One of the biggest misconceptions in a divorce case is how property should be divided. There is a substantial amount of misinformation out there, and the problem is that every state handles marital property differently. There are the questions of what exactly is marital property, how is property kept separate, how inheritance is qualified and what happens when property is co-mingled.

In a divorce, who keeps the house? In Colorado, this can be a matter of who is able to afford the house more than anything else. Consider whether you can afford the payment, refinance out of your spouse’s name, and potentially pay them some of the equity you have built in the property.