Key Takeaways Colorado divides assets through equitable distribution, not community property. Marital property includes assets acquired during marriage regardless of title. QDROs are required to divide 401(k) and 403(b) accounts in divorce. Long marriages may result in longer or indefinite maintenance awards. Ending a long-term marriage in Colorado carries financial and legal pressures that…
Key Takeaways Dissipation centers on deliberate conduct, not poor financial judgment or investment loss. The timing of suspicious transactions and the resulting financial damage both factor into the court’s review. Assets accumulated between the wedding date and a decree of divorce or legal separation fall within the marital estate. When dissipation is established, courts…
Key Takeaways When a spouse receives property through divorce, there is no tax due as a result of that division or transfer. However, if the asset or account is one that has grown in value, but capital gains taxes may be incurred when that asset is eventually sold. For child support and for maintenance…
Key Takeaways Colorado divides marital property using an equitable distribution standard, not automatic equal division. Early preparation and documentation often shape temporary orders and negotiation leverage. In high-asset divorces, business valuation and executive compensation classification directly affect equitable division. Parenting time is determined under a best interests standard requiring courts to weigh multiple statutory…
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…
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…
If you find yourself preparing for a high-asset divorce, it’s important to fully understand what the process entails and how you can protect yourself along the way. Just the same, you’ll want to learn more about any debt you’re carrying, as this also comes into play when divorcing your spouse. Many people who have…
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…
Child support in high-net-worth divorces can be difficult to calculate. It can also cause a lot of tension and disagreement between parents Colorado courts typically follow statutory guidelines when determining parents’ monthly child support obligations. However, the courts have the obligation to perform a further analysis relating to the financial circumstances of the parents…
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,…
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.