Colorado is an “equitable distribution” state. Family Law courts are courts of equity. In other words, the court will divide property equitably not necessarily equally. There are two classifications of property, Marital and Separate. Marital Property is property acquired by either spouse after the marriage but before the parties get the Decree of Legal Separation or Divorce (Dissolution of Marriage). Marital property is Marital no matter how the property is titled. Separate Property is property that was acquired before the marriage which has not been commingled; property that was acquired by gift, bequest, devise, or descent; property acquired in exchange for property acquired before the marriage, property acquired after the spouse received the Decree of Legal Separation or Divorce; and property excluded by agreement of the parties.