You are planning to divorce your spouse. The two of you own a business together. However, your marital problems have caused the business to suffer badly. Maybe your spouse has gradually pushed you out and taken greater control -- only to completely mismanage it. You just want to keep the business from losing any more value before you can get your fair share of it in the divorce and move on.
How can a receiver help preserve your assets during divorce?
Divorce and legal separation: the separation agreement
For some Colorado couples, the decision to end a marriage is not as simple as getting a divorce and moving on. Some will want to separate for a time to see if they are happier outside the marriage or would like to try to repair it. This is one situation in which it can be beneficial to have a separation agreement. There are other reasons why a couple might want to separate. Certain legal factors should be considered in the context of a legal separation. This is why understanding divorce and family law can be critical to a case and whether a legal separation leads to divorce or not.
Certain assets require skilled handling in a divorce
A previous post on this blog talked about how it can be difficult for Colorado residents going through a divorce or legal separation to put an accurate value on their investment real estate.
