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Legal Separation and Property Settlement Agreement with Adult Children - Marital - Parties May have Joint Property or Debts - Effective Immediately - Colorado

Legal Separation and Property Settlement Agreement with Adult Children - Marital - Parties May have Joint Property or Debts - Effective Immediately - Colorado 2026

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The document CO-DO-3A is a legal Separation Agreement designed for married couples in Colorado with adult children, outlining the terms of their separation, division of property and debts, and mutual rights and obligations. It emphasizes the importance of consulting an attorney, details the process for asset and liability division, and states that the agreement remains binding regardless of any divorce proceedings. The document also includes provisions for future earnings, spousal support, child relationships, and legal enforcement.

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How to use or fill out Legal Separation and Property Settlement Agreement with Adult Children - Marital - Parties May have Joint Property or Debts - Effective Immediately - Colorado

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Click ‘Get Form’ to open it in the editor.
Begin by entering the full legal names of both parties at the top of the form, ensuring accuracy for legal purposes.
In Section 1, outline your separation details, including the date of separation and any relevant circumstances that led to this agreement.
Proceed to Section 2 to disclose financial information. Each party should list their assets and liabilities clearly, ensuring transparency.
In Section 3, detail the division of assets. Clearly describe each item being awarded to either party along with its current fair market value.
Section 4 requires you to specify how debts will be divided. List all debts under each party's responsibility.
Review Sections 5 through 21 carefully, ensuring all provisions are understood and agreed upon before signing.
Once completed, both parties must sign the document in front of a notary public for it to be legally binding.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Do I need a lawyer to make a separation agreement?

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.

Am I responsible for my spouses debt if I am legally separated?

Separation allows for unique estate planning opportunities that divorce might negate. Couples who legally separate can retain certain government benefits that they may otherwise lose access to. Choosing to legally separate instead of divorce can sometimes give space for future reconciliation. The Financial Benefits of Separating but Staying Legally Married Abacus Wealth Partners the-financial-benefits-of-sepa Abacus Wealth Partners the-financial-benefits-of-sepa

How do I protect myself financially during separation?

Set aside emergency funds if possible, in an account your spouse cannot access. Gather essential financial documents such as tax returns, bank statements, investment accounts, and property deeds. Monitor and protect your credit score by requesting reports and placing fraud alerts if necessary. How to Protect Yourself Financially When Divorcing a Controlling or Ellis Family Law, P.L.L.C. protect-finances-controlling- Ellis Family Law, P.L.L.C. protect-finances-controlling-

Does Colorado recognize legal separation?

Provisions in the judgment for legal separation may provide spousal support for financial assistance. It may also award child support to the noncustodial parent for the care of the child. Like in a divorce, the judge can decide how to distribute property between spouses in a legal separation case.