Divorce is a challenging experience, and it’s easy for a divorce to become much worse if it turns into a legal battle. It makes sense that most couples would try to find a reasonable settlement for both parties without taking the battle to court. However, you need to know how to identify realistic expectations…
Business valuation in a divorce determines the fair market value of a company, so it’s Value can be allocated fairly as part of the marital estate. It involves a careful review of assets, liabilities, cash flow, and comparable market data. The goal is to produce a clear, trustworthy evaluation that supports a fair and…
Financial transparency is the foundation of a fair divorce, particularly in high-asset cases involving businesses, investments, or real estate. The penalty for hiding assets in a divorce can be severe under Colorado law, with courts potentially adjusting property division, ordering the concealing spouse to pay attorney fees, or imposing sanctions, such as fines or…
Once you decide to divorce, matters of property and debt division will take over your life. It’s not the only thing to think about during the divorce process, but it will definitely require quite a bit of your attention. Your goal is to make decisions that allow you to remain financially secure during and…
During your marriage, you and your spouse will generate income and acquire assets, as well as potentially acquiring debt. You each have a share in those assets and debts, regardless of whose income purchases what or whose name is on which account. If you choose to divorce, the courts in Colorado will have to…
One of the first steps you need to take when trying to figure out how the courts will split up your assets in a Colorado divorce is to determine which assets are marital property and which ones are separate property. Your marital assets, which may include your family home, are usually subject to division under…
If you own a business in or around Denver, you face some additional concerns when divorce comes knocking. A poorly planned divorce can easily destroy a business, which may impact many more lives than those of the owner and their spouse, so you must begin thinking carefully about the property you want to keep…
Getting divorced is much more complicated and time-consuming than getting married, and may require property division that you did not expect or protect against. Business owners are often particularly vulnerable in divorce because a business may count as marital property. Without careful planning and willingness to make sacrifices, a business owner’s divorce can end…
People often look at a prenuptial agreement as if it is some sort of ironclad agreement that will stand no matter what. Both people signed it, after all. Doesn’t it have to stand up in court? Not always. Never assume that you cannot dispute a prenup — or that your spouse will not dispute…
When you realize that it is time to begin building your divorce plan, there are many aspects of your personal, financial and professional lives that you must consider. Before a court approves your divorce, you must reach a property division agreement with your spouse, and this may involve more than just savings accounts and…
This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by Founding Partner Kathleen Ann Hogan, who has more than 20 years of legal experience as a Family Law Attorney in Colorado.