The payers and receivers of alimony are participating in a valuable tradition that helps protect the individual liberties of those who get married. Essentially, alimony prevents an individual from becoming an economic slave, and staying in a toxic or unhappy marriage due to economic dependency on the higher-earning spouse. That being said, the societal…
The real estate market in Colorado has shifted drastically in the last decade. Properties that you may have purchased long ago are likely worth far more than what you initially paid for the property. The change in property values poses unique issues to couples considering a divorce in Colorado. One of the most pressing…
During a divorce, a common fear that people have is losing or splitting their inheritance with their soon-to-be ex. In a contentious separation, disagreements may arise concerning a family’s generational wealth or precious heirlooms. Thankfully, Colorado law does provide some protection for inheritances. The bad news is that the protection is not as complete…
One of the most notoriously challenging parts of a divorce involves the separation of items, often called assets or properties. When it is time to part ways, every couple has to figure out how to divide their accumulated stuff, which can include everything from the home and the automobiles to vintage collectibles and retirement…
If you are considering divorce, you likely have questions about how your assets will be divided. The first thing to know is that Colorado follows the principles of equitable distribution in divorce. Assets acquired during the marriage are considered marital property. However, they won’t necessarily be split equally between the parties. Instead, they are…
Navigating the complexities of a divorce can be overwhelming, particularly when understanding the legal framework unique to your state. Colorado stands apart as a no-fault divorce state, a designation that simplifies the divorce process for its residents. But what is that exactly, and what does it mean for you? Understanding what is a no-fault…
Divorce is often an emotional and complicated process. However, if you are divorcing a high-net-worth business professional, such as a business executive, the divorce process can be much more complex, stressful, and, in some cases, contentious. You would think that having more assets to divide would make the financial portion of divorce easier. However,…
Businesses are assets that must be assessed during a Colorado divorce. Whether a business is a marital or separate asset depends on a few factors. If a spouse established the business before marriage or inherited it prior to the marriage, and the business has not grown in value, the company will be considered separate…
Going through a divorce brings about significant changes for spouses but also profoundly impacts any children involved. Their well-being hinges on parents managing the emotional and psychological fallout that these familial shifts can bring. Given their potential vulnerability, it’s crucial to put in place protective measures that shield your kids from the stressors of…
Colorado recognizes both legal separation and divorce. Under Colorado Revised Statutes Section 14-10-106, if either spouse requests that the court declare the couples are legally separated, rather than dissolving their marriage, the court will “grant the decree in that form unless the other party objects.” What this means in plain English is if both…
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 Equity Partner Kathleen Ann Hogan, who has more than 20 years of legal experience as a Family Law Attorney in Colorado.