Going through a divorce can be stressful and emotional. For many couples, it can be a long process with many hoops to jump through, which includes the mandatory disclosure of both parties’ finances. Sometimes, divorce can bring out some of the worst in both you and your ex. In an effort to get the better end of the deal, some spouses will hide assets or income. Here are some of the signs that you should consider including a forensic accountant…
Most couples believe their love is forever when they take their vows but life doesn’t always live up to our expectations and dreams. Some couples come to the sad conclusion that they are better off parting ways emotionally and legally. Colorado’s divorce rate is at 12%, up by 4% since the pandemic. Unfortunately, a significant number of couples who spent years building up their assets through financial investments in an effort to ensure a financially secure future for their family…
When a couple faces the inevitability of going their separate ways, one of the first things they wonder about is how to split their property in a divorce. Second only to child custody, separating assets is one of the most contentious aspects of divorce. While a handful of states are community property states in which the courts consider all assets collected during a marriage to belong jointly to both spouses and divide them 50/50, Colorado isn’t one of them. Instead,…
Divorce is an emotionally and legally challenging procedure, but when a spouse dies during the process, it may leave you not only with mixed emotions but also with pressing legal questions. Similarly, you may have questions about what happens to your own estate if you die before your divorce finalizes. What happens to a divorce case in Colorado if one spouse dies while the case is still pending and no final dissolution decree has been entered by the court? Unlike…
Dividing one household into two during a divorce is challenging and stressful, but when you add complex assets such as rental properties into the equations it can become even more complicated. It helps to have the legal expertise of experienced Denver divorce attorneys like the team at Denver’s Ciancio Ciancio Brown P.C. on your side to help explain the division of assets such as rental properties during a divorce. What are Marital Assets Under Colorado Law? In Colorado, the term…