For a decade, you have collected art. Your collection has grown and the value of each piece has also gone up. You didn’t necessarily do it as an investment — you did it because you love it — but you feel like it was a wise financial move, as well. You spent probably $5…
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 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…
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…
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…
Divorce is rarely a simple process, even when all the parties involved want to end the marriage and agree to work together amicably. In most cases, divorce drags up deep emotional conflicts and often drives otherwise reasonable people to their breaking point. Business owners who are considering divorce face a number of potential complications…
After divorce, parents often struggle to make the transition to coparenting, especially if the divorce was particularly painful. While most parents do not want to make their child suffer because of parental conflicts, in many cases, that is exactly what happens. It is common for parents who do not understand the seriousness of their…
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…
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…