Colorado follows the “Equitable Distribution” theory to divide disputed marital property during a divorce. However, debt can be difficult to define and divide fairly during a divorce. It might be easier to pick and choose who gets the coffee table, the television, even the car during a divorce than who gets the debt. No one wants to pay more than they must in this expensive and emotionally exhausting process. You may need a divorce lawyer in Denver to fight for…
When entering a high-value divorce case, there is no reason to go into negotiations alone. Not only can unanticipated costs add up, but you might not be aware of all the money or property that is rightfully yours. There are reasons to be careful in Colorado: Colorado is an equitable distribution state. That means that marital property is to be divided in a fair but not necessarily equal way. Property brought into the marriage remains with that partner. Property…
You spend decades building a dependable retirement nest egg, and if you’re facing a divorce there are likely numerous questions and concerns you have about protecting those accounts. Your retirement savings represents a significant investment in your future. The prospect of divorce can suddenly create an environment where it can feel like more than your money is at risk, but your future retirement as well. Knowing what to expect, how these accounts may be handled as part of property separation,…
If you are in business with your spouse, you have likely dealt with your share of disputes. Even if you drafted a careful business plan, you may have come across issues about which your opposing views could find no common ground. Still, you managed to make a successful go of it, and your company may have grown to provide your family with comfort and stability. Now that you and your spouse are no longer able to successfully work through those…
When you and your spouse started your business together, you may never have imagined that a divorce would be the factor threatening the end of your business. If you are divorcing, your business partnership may also be coming to an end. What are your options regarding your business? Staying in business The first question to consider is whether you want to keep the business going after your marriage ends. If you do, you and your spouse may be able to…
