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…
For most couples, the house is one of the most high-value assets they own. Whether it is your main residence in Denver or vacation property you own in Aspen, you are going to have to make some major decisions on how to deal with real estate if you are planning to divorce. For example,…
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…
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…
Dividing assets in a divorce can be complicated, and it’s natural to feel overwhelmed. How to split assets in a divorce is one of the biggest concerns for those going through the process. In Colorado, property division follows legal guidelines, but every situation is different. The process involves assessing financial records, determining property values,…
Under Section 14-10-113, C.R.S., Colorado courts have the authority to distribute property in dissolution of marriage, legal separation, and certain post-dissolution proceedings, including cases where a prior court lacked jurisdiction over an absent spouse. Additionally, Section 14-10-111, C.R.S., extends property rights provisions to decrees of invalidity of marriage. If jurisdictional requirements are met, Colorado…
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.