With the exception of those spouses with substantial assets, often the largest asset divorcing spouses have in Colorado is their 401K, IRA, and other retirement accounts. Colorado is an “equitable distribution of marital assets” divorce state. When spouses divorce in Colorado, the state compels them to fully disclose their financial assets and divide any marital assets in a way that’s fair if not exactly 50/50. When it comes to a retirement account, often one spouse is surprised to learn that…
Marriage is a turbulent and emotionally fraught time both for divorcing spouses who agree that divorce is inevitable and for divorces in which only one spouse wants the divorce and the other would prefer a reconciliation. But can a judge in Colorado require spouses to seek marriage counseling before granting a divorce? Some spouses ask their Denver divorce attorneys if there’s a way to compel a spouse to attend marriage counseling before finalizing a divorce. In most cases, the answer…
During their routine daily lives, people rarely think twice about the store credit card they maxed out last Christmas or the stipend they received at work for taking an additional online business course. But during the divorce process, every financial move a person has made during their married life stops being a private matter and becomes a literal open book for their spouse and attorneys to poke, prod, and pour over. No one relishes the idea of a detailed examination…
No one enjoys receiving a court order, especially divorce petitions. Whether you knew divorce was inevitable or impending or not, seeing the words in stark black and white on paper is a disconcerting experience. If you’ve been served with divorce papers in Colorado, it means your spouse is the petitioner in the divorce process and you are the respondent. One of the first things to know as a respondent in a Colorado divorce is what you have to do next…
Divorce is an emotionally fraught time. Most spouses agonize over the decision before choosing to move forward. Once a divorce is inevitable, many spouses wonder if they should race to the courthouse to be the first to file, or if it’s better to let their spouse file the divorce petition first. Does it matter in Colorado who files for the divorce first? The answer is no—or at least it doesn’t matter to the judge and it doesn’t mean that one…