Dividing the marital property in a high-asset Colorado divorce can be quite complex. Not every asset has an easily determined value, but that doesn’t mean it doesn’t need to be factored into the division of the divorcing couple’s assets. Take, for example, a country...
Property division is a crucial component of divorce. In Colorado, marital property is divided on an equitable basis. This means that the court will divide marital assets in a fair manner. To do this, the court requires detailed information about the divorcing...
In a gray (later in life) divorce, it can be challenging to unravel two long-intertwined lives, especially after accumulating many marital assets. Unfortunately, some assets can go overlooked. This can introduce the risk of an unfair property settlement. Here are some...
When a divorce involves high-value assets, it often makes a challenging situation even more complex. Since Colorado is an equitable distribution state, some spouses may attempt various tactics to reduce the marital asset value. 1. Hiding assets One common strategy...
Assets and finances have an inevitable tie with marriage health. They are a main contributing factor in a number of divorces, too. But what about during the divorce process itself? Do couples with more assets to fight over actually end up fighting more often? Asset...
If you and your spouse are divorcing and you share a business, you may have concerns about how you will get your fair share of the asset in a divorce. A business valuation is a tool that can help you and your future ex divide your business. Here is what you need to...
When parents of minor children divorce, the custodial parent typically gets child support payments as part of the settlement. You may wonder how this scenario changes if you and your spouse have a substantial income. Determining child support If you agree to joint...
You have worked hard for your money and probably feel frustrated that divorce threatens to diminish your assets. Even though you will need to split your finances, you can use divorce as leverage to rebuild your wealth. Knowing what to do and which behaviors to avoid...
When you and your Colorado spouse make the decision to part ways, you need to figure out how to manage any assets and debts you may share. For many former couples, part of this process involves deciding what to do about the mortgage you have on your shared home. Per...
You finally got that big promotion you have hoped for. The only problem – to take it, you will have to relocate out of the state. Making such a change may require significant thought and preparation, particularly for divorced parents with established shared child...
