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Equitable Division of Assets: Equitable distribution refers to the division of assets and debts acquired during a marriage. It does not matter if a particular asset or debt is titled in one spouse’s name. As long as the asset or debt was acquired during the marriage, with a few notable exceptions, it is considered marital property and will be divided in an equitable manner.
Examples of Marital Assets:
1. The home
2. Vacation home
3. Income property
4. Time shares
5. Cars, trucks, RV’s, motorcycles, boats
6. Bank accounts
7. Stocks, bonds
8. Retirement accounts, pensions
10. Value of a business owned during the marriage
Examples of Marital Debts:
2. Credit card debt
3. School loans
4. Lines of credit
Mr. Hubert works closely with couples in mediation to discuss and decide how best to distribute these assets and debts in a way that will work best for each party.
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At Affirm Mediation in Colorado, we provide deal collaboration and civil mediation. We also provide divorce mediation and legal separation including parenting plans and child support. We also provide for division of assets and allocation of debt responsibilities.
Affirm Mediation serves Boulder, Estes Park, Longmont, Lafayette, Louisville, Broomfield and the Denver metro area. Divorce mediation services are provided in Boulder County, Larimer County, Broomfield County, Denver County, Jefferson County and Adams County.