Business valuation in a divorce determines the fair market value of a company, so it’s Value can be allocated fairly as part of the marital estate. It involves a careful review of assets, liabilities, cash flow, and comparable market data. The goal is to produce a clear, trustworthy evaluation that supports a fair and…
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…
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…
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…
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…
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…
You may have signed a prenuptial agreement because you thought that the document would protect you. Alternatively, you may have agreed to sign the document because your spouse wanted you to, and you didn’t see any issue with that. Now, after years of marriage and earning your own income, you have to face the…
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…
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…
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…
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.