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What is marital or separate property in a Colorado divorce?

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…

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Divorce and property division: How to stay financially secure

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…

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Determining the real value of art in a divorce

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…

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Placing a fair value on non-financial assets before your divorce

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…

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Can you contest that prenup?

You ask for a divorce, and your spouse reminds you of the prenuptial agreement that you have in place. It severely limits your ability to seek what you consider a fair property division solution. Your spouse tells you that there is nothing you can do and that, if you want to get divorced, you…

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Business owners face difficult decisions in divorce

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…

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How do you split your Colorado real estate holdings in divorce?

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…

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Can you challenge your Colorado prenuptial agreement?

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…

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Considering divorce? Make sure your business is safe

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…

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A high-asset divorce may also mean a large amount of debt

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…

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