The division of marital assets can be one of the most contentious issues in any divorce. You can eliminate much of the stress and conflict associated with marital property division by protecting your assets in preparation for your divorce. The following outlines protecting your assets should a divorce be inevitable. For specific case information,…
To receive alimony, which is called maintenance in Colorado, a spouse must request a maintenance award from the court. Colorado’s family courts have wide latitude when determining whether to award a spouse alimony, at what amount, and for how long. This is especially true in high-net-worth divorces. If you are facing a Colorado divorce…
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…
Whether you once described yourself as a hopeless romantic, married someone you got along well with or chose to tie the knot because of an unexpected pregnancy, a change in your relationship status can make you question your previous decisions. If you decide to move forward with a divorce, establishing your financial future is…
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…
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…
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…