A trust fund can be part of a legacy from one generation to the next. When your loved ones name you as a beneficiary of a trust, they hope that you can benefit from their careful planning. Estate and financial planning professionals frequently advise that a trust represents a good way to protect assets…
Many of the decisions you and your spouse must make as you dissolve your marriage involve finances. Like, how you will divide real estate or investment accounts. If there’s a need for monetary support arrangements, there will be pressures on each side: what can the primary breadwinner afford to pay and still be able…
It is no secret that many marriages end due to a partner’s physical intimacy with someone else. While a rendezvous with an additional sexual partner may be cause for divorce, your significant other could cheat financially as well. More than 40% of surveyed Americans admit to being dishonest with their partner about money. Through…
Most couples agree that their marriage is a top priority in their life. They want to make sure that they are supporting and sharing their lives with their spouse. However, some people also prioritize their job – possibly to a fault. There are signs that a job is negatively affecting your relationship, but it may…
Most parents understand the high costs of raising children. However, many parents don’t anticipate the additional financial burden divorce creates, along with raising their kids. Luckily, single parents could save money and still teach their children about the value of a dollar if they look past these three common myths surrounding parenthood and money….
Whether you call it the Coronavirus or Covid-19, there is no doubt it has descended on us with very little warning and changed our daily lives in significant ways. Both health concerns and the economic impact have had a ripple effect that has carried into divorce and family law litigation. The long-term effects are…
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…
Entrepreneurs are under a massive amount of stress. Between managing employees, balancing accounts and providing services, business owners have to maintain everything to keep their company from sinking under the competition. It’s even more stressful under the weight of a pending divorce. It is essential to understand the possibility of putting a value on…
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…
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…