Are revocable trusts considered marital property in Colorado?

You might be surprised by the answer.

Marital property is an important concept primarily used in a proceeding for dissolution of marriage. Property in the context of a marriage can either be held as separate property or marital property. Colorado defines marital property as all property acquired by either spouse subsequent to the marriage,  with 4 exceptions: 1. Property acquired by gift or bequest; 2. Property acquired in exchange for property either acquired before the marriage or by gift or bequest; 3. Property acquired by a spouse after a decree of legal separation; and 4. Property excluded by valid agreement of the parties. Colo. Rev. Stat. Ann. § 14-10-113(2) (West) These 4 exceptions, plus any property acquired prior to the marriage, could therefore be considered as the separate property of a spouse.