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Colorado Organizing your Personal Assets Package

Category:
Personal Planning
State:
Colorado
Control #:
CO-P086-PKG
Format:
Word; 
Rich Text
Instant download
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Description

With this Organizing your Personal Assets Package, you will find the state specific forms that are necessary to organize your personal and financial affairs and achieve your financial goals. This package contains forms that are essential for analyzing your budget and planning for your spending and savings needs. Forms included also allow you to organize your important documents, ensure accurate record-keeping, and minimize time and expense involved in dealing with emergency situations. If purchased separately, these forms would be valued at $97.50. Save over 48%!



Included in your package are the following forms:


  1. Cash Flow Statement

  2. Retirement Cash Flow

  3. Personal Monthly Budget Worksheet

  4. Personal Property Inventory

  5. Personal Planning Information and Document Inventory Worksheets - A Legal Life Document

  6. General Durable Power of Attorney for Property and Finances Effective upon Disability

  7. Sample Letter for Request for Credit Report

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FAQ

Generally, marital property is property acquired by either spouse after the marriage. C.R.S.In Colorado, marital property is divided without regard to marital misconduct or fault. The Court divides property as it deems equitable or fair, which does not necessarily mean the property is divided equally.

Colorado is a marital property state, meaning that the courts seek to fairly divide your marital assets between both spouses in a divorce. Generally speaking, that will include the home you purchased with your spouse.

Colorado is a marital property state, not community property. That means that the assets and debts acquired during marriage (i.e. the marital estate) should be divided equitably between the spouses upon dissolution of marriage, legal separation or annulment.

Marital property includes most assets and debts a couple acquires during marriage. Property is separate if a spouse owned it before marriage or acquired it during marriage by gift or inheritance. Separate property also includes items purchased with or exchanged for separate property.

Senate Bill 13-033, also known as Colorado ASSET, allows U.S. citizens, permanent residents and students without lawful immigration status to receive in-state tuition through attendance and graduation from a Colorado high school or through attendance at a Colorado high school combined with obtaining a GED.

Colorado is a no-fault divorce state. So, if you do decide it is best to move out, your spouse cannot, in most cases, use this against you in a child custody dispute.In Colorado, the court is required to divide all marital property in an equitable manner.

While some states make extraordinary efforts to locate the actual owners, Colorado is not one of them. However, there are three ways that people searching for their property can try to find it. They can visit the website; they can call 303-866-6070 or call toll free at 800-825-2111.

In Colorado, marital property is divided without regard to marital misconduct or fault. The Court divides property as it deems equitable or fair, which does not necessarily mean the property is divided equally. In making the decision of how to divide marital property the Court considers all relevant factors. C.R.S.

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