Denver Property Division Attorney

When going through a divorce, having an experienced property division attorney on your side is essential to ensure your assets and debts are allocated fairly. At Philip Goldberg PC, we specialize in navigating the complexities of asset division, particularly for high-net-worth clients. Our team has extensive experience identifying marital vs. separate property and is well-versed in Colorado law governing asset allocation.

We evaluate high-value assets such as businesses, real estate, trusts, and retirement assets to ensure a just division. Whether you’re dealing with significant assets or complex financial portfolios, our experienced attorneys are here to safeguard your wealth and secure a fair outcome.

At Philip Goldberg PC, we prioritize your post-divorce financial well-being, helping to ensure a smooth and equitable asset allocation process. Reach out today for expert legal guidance tailored to your needs.

Marital vs. Separate Property

Understanding the difference between marital and separate property is crucial when dividing assets during a divorce. Marital property typically includes any money, real estate, or other assets acquired during the marriage, while separate property typically refers to assets owned before the marriage or received as gifts or inheritances. This distinction plays a pivotal role in ensuring fair distribution.

At Philip Goldberg PC, we help clients navigate these complexities to ensure an equitable division. Marital assets are often allocated between spouses, while separate property generally remains with the original owner. However, this can become complicated if, for example, separate assets are commingled with marital property, which may change their classification.

Accurate records and valuations are essential to ensure that both types of property are correctly categorized and accurately valued. In determining an equitable distribution, courts also consider factors such as each spouse’s financial circumstances, economic and non-economic contributions to the marriage, and future needs. Our experienced attorneys are skilled in identifying, categorizing, and valuing assets, safeguarding your financial interests throughout the process.

If you’re facing a divorce, let Philip Goldberg PC provide the legal expertise you need to protect your assets and ensure a fair outcome. Contact us today for personalized guidance.

Property Valuation

Accurate valuation of marital property is essential for a fair asset and debt allocation during a divorce. Proper asset valuation helps both parties to reach a fair financial agreement, minimizing disputes and making negotiations smoother. Whether dealing with real estate, trust interests, retirement assets, or other complex property, careful assessment ensures that all assets are correctly valued and equitably allocated.

Our experienced property division attorneys specialize in valuing a wide range of marital assets. For commercial and residential real estate, we collaborate with certified appraisers to determine current (and, in some circumstances, date of marriage) market value, while other assets like vehicles, jewelry, and household goods are valued using appropriate methods to ensure accuracy.

Valuing and allocating complex property, such as retirement accounts, trusts, stocks, and business interests, requires special expertise. We work with financial experts and appraisers to provide precise valuations of the separate and marital component of these assets. This comprehensive approach is crucial for negotiating a fair marital settlement or presenting your case at trial.

Dividing property can be one of the most stressful aspects of divorce, but with Philip Goldberg PC by your side, you’ll have the support and legal expertise needed to ensure a fair and equitable allocation.

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Complex Assets

Valuing a business is complicated and requires forensic experts to determine its market worth in the divorce context. Similarly, investment accounts require thorough analysis to account for market fluctuations, taxes, and potential long-term effects.

Hidden assets can also pose challenges during a divorce. Our attorneys collaborate with forensic accountants to uncover any undisclosed assets, ensuring a fair settlement or persuasive argument at trial.

When it comes to dividing complex assets, Philip Goldberg PC provides the expertise and careful attention needed to protect your financial future. Contact us today for personalized guidance and professional support throughout your divorce.

Division of Debt

Dividing debt during a divorce is a critical aspect of the process that demands meticulous attention and strategic planning. At Philip Goldberg PC, our experienced family law attorneys are dedicated to guiding clients through this complex process to ensure that debt is divided equitably and both parties’ financial futures are safeguarded.

Key Steps in Dividing Debt During a Divorce:

  • Identifying All Debts: The first step is a comprehensive review of all liabilities incurred during the marriage. This includes credit card balances, mortgages, car loans, personal loans, and any other financial obligations. Accurate identification of these debts is crucial for a fair distribution.

  • Categorizing Debts: Next, we categorize each debt to determine whether it is marital or separate. Marital debts, incurred jointly during the marriage, are often allocated between the spouses. Separate non-marital debts, which were typically accrued by one spouse before the marriage, are usually allocated to the spouse who incurred them.

  • Determining Debt Amounts: Precise calculation of the total amounts owed is essential for an equitable allocation. This typically involves gathering account statements and verifying figures to ensure accuracy.

  • Dividing Debts: Our attorneys strategically advocate for an equitable debt allocation based on factors such as each spouse’s financial capacity, earning potential, and overall financial situation. This approach helps ensure that the allocation of debt is fair and manageable, considering both parties’ ability to pay and future needs.

A thoughtful and compassionate approach to managing debt can significantly ease the financial strain of divorce. At Philip Goldberg PC, we are committed to providing expert legal support and personalized guidance to navigate the intricacies of debt division. Our goal is to help you achieve a fair resolution and establish a stable financial foundation for the future.

Protecting Financial Interests

Protecting your financial well-being during a divorce is critical to ensuring long-term stability. Our experienced property division attorneys are dedicated to safeguarding your assets and ensuring an equitable allocation of assets and debts.

Identifying and valuing marital property is essential for a just distribution. We provide expert advice on structuring agreements that address both parties’ future financial needs, helping to minimize conflicts over money. By leveraging our knowledge, experience and expertise, our attorneys help make the divorce process smoother, reducing stress and disputes.

When it comes to protecting your finances during a divorce, having an experienced attorney is crucial. Philip Goldberg PC is here to provide the guidance and support you need. 

A thoughtful and compassionate approach to managing debt can significantly ease the financial strain of divorce. At Philip Goldberg PC, we are committed to providing expert legal support and personalized guidance to navigate the intricacies of debt division. Our goal is to help you achieve a fair resolution and establish a stable financial foundation for the future.