Most spouses spend years on their financial planning together, with the goal of an easier life, college for their children, and pleasant retirement years. But what happens when their plans are upended by a divorce and both spouses must separate their combined assets and go on to plan for two separate financial futures? How to wisely manage finances during and after a divorce is one of the most important considerations in a divorce other than child custody. What are the…

The most difficult aspect of any divorce involving children is child custody decisions. Courts in Colorado and elsewhere uphold the best interests of the children as their highest priority in all custody decisions, with the presumption that continued close contact with both parents is what’s in a child’s best interests. This is a rebuttable presumption, meaning one parent may provide evidence showing why equally shared parenting time isn’t in the child’s best interests. In the best-case scenario, parents agree to…

Most of us consider the older generation as happily married grandparents smiling out at us from old photo albums, but surprising studies show a rise in divorce numbers for seniors—or gray divorces. Baby boomers (those born between 1946 and 1954) now head for divorce court in growing numbers. Data from a study between 1990 and 1921 shows an overall rise in divorces for couples over the age of 45, with the highest divorce rate among those aged 65 and up….

You’ve heard the statistic before, maybe even recently: “Half of all marriages end in divorce.” And while there was a point in time where that was close to the truth (divorce rates peaked in the late 1970s and early 1980s, somewhere between 45% and 50%) the percentage of marriages that end in divorce has decreased significantly in recent decades. In fact, as of 2022, according to data from the American Community Survey, about 18% of respondents who indicated that they…

Navigating a divorce in Colorado feels overwhelming when dealing with the legal complexities involved as well as the emotional aspects of ending a marriage. In Colorado, divorcing spouses must fairly and equitably divide their marital assets and debts during the divorce process as well as make determinations for child custody and support. Reaching mutually acceptable terms on all aspects of the divorce is the most challenging part of a Colorado divorce. Drafting a divorce agreement with fair terms that both…