Trusts are legal creations that are not technically owned by anyone. The trust is managed by the trustee and one or more beneficiaries have rights under the trust.
If a spouse is a beneficiary of a trust, that beneficial interest may constitute property under Colorado law and the property right may be marital property. When trust issues are involved in a divorce there is generally a collaboration between the divorce lawyer and a trust lawyer to determine how to appy the trust and divorce laws to determine what, if any, marital property may exist.
Our firm has handled numerous cases involving very large and complex trust issues.
