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Could Your Colorado Divorce Cost You Your Retirement?

Dividing Pensions and Retirement Accounts in a Colorado Divorce Divorce is a complex journey, and few aspects are as intricate as untangling the financial threads of a marital estate. Among the most significant assets to consider are pensions and retirement accounts. For many couples in Colorado, these accounts represent a substantial portion of their lifetime savings, and their proper division is crucial for ensuring financial security post-divorce. Navigating this area requires a keen understanding of Colorado law, specific account types, and the unique legal instruments required for proper transfer. Understanding Marital Property in Colorado Colorado is an "equitable distribution" state. This means that upon divorce, marital property is divided in a manner that the court deems fair and equitable, which does not necessarily mean an equal 50/50 split. Only assets and debts acquired during the marriage are considered marital property and subject to divisi...