Figuring out who owns intellectual property during divorce proceedings is important. Property division in Colorado, as in many other states, is a complicated process. All property acquired during the marriage is not assumed to be marital property by the state. As a result, Colorado distributes marital assets and obligations in a fair, but not necessarily equal, manner. You must first establish the property's worth before dividing it. This might be done through a formal evaluation, such as for the family home, or through another method of value that has been agreed upon.