Dividing the marital estate is a key aspect of any Colorado divorce. Spouses typically have to divide marital property and split up responsibility for shared marital debts. Couples either work cooperatively to settle financial matters on their own or present evidence...
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What can you do if your spouse hides assets?
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...
5 assets that can be missed in a Colorado gray divorce
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...
How to protect your retirement savings during gray divorce
Ending a long marriage near retirement age brings unique financial challenges. For many Broomfield seniors, splitting retirement savings feels like watching years of planning unravel. But with the right approach, you can safeguard your financial future despite this...
Who keeps an engagement ring after divorce?
An engagement ring may be one of the most expensive gifts a person ever gives to their partner. The average cost of a ring in the United States is over $5,000, and many rings are worth $10,000 or more. Someone may be willing to pay this amount when proposing because...
Why do some couples get a postnuptial agreement?
A postnuptial agreement, created after getting married, can provide clarity and security for both parties. While similar to a prenuptial agreement, postnups often address financial and personal changes and other matters that have arisen during the marriage. Here are...
Is it parental alienation or a teenager’s rebellion?
Popular psychology helps people understand their own behavior and the conduct of others more effectively. However, it can also dilute the meaning of important words and phrases. For example, the rise of awareness about narcissism has led to people calling others...
Can my ex-spouse stay on my insurance plan after the divorce?
Many older couples going through divorce wonder how their healthcare coverage will be affected, especially when their partner has been on their insurance plan for years. Divorce can bring about changes to financial and personal circumstances, and health insurance is...
Divorce can be more and less complex at an older age
In some ways, divorce is less complicated if you are in your 50s or 60s. After all, if you had children together, odds are that they’ve grown up and moved out of the house. A couple getting divorced in their 30s and 40s has to spend a lot of time thinking about their...
For this age group, the divorce rate has tripled
If you are under 45 years old, your divorce rate is probably going down. That’s what has been happening to most young age brackets over the last few decades. However, that doesn’t mean that it’s true for everyone. A study was carried out by the National Center for...