In Colorado, a recorded livestock brand is personal property that can be valued and allocated like other assets. Plan to identify the current recorded owners, any joint tenancy designations, and the brand number on file with the Department of Agriculture. A transfer usually requires proper paperwork and notarized signatures, and the Brand Board’s rules set out how name changes and transfers are recorded. For herd valuation, assemble recent bills of sale, brand inspection certificates, veterinary records, and inventory lists. Clarifying brand ownership helps reduce disputes over proceeds from future livestock sales. State agriculture resources and brand regulations detail ownership and transfer requirements.