More mid-life men may be filing for divorce.

More mid-life men may be filing for divorce.

Women file for divorce more often than men. One 2015 study found that women filed for nearly 70 percent of divorces in heterosexual marriages. However, there was about a 50/50 split when it came to ending a non-marital relationship. A new study out of England may be showing that this trend is reversing. In 2016, British men filed for 40 percent of divorces, up 13 percent from the previous year. While the data may not translate directly to the U.S.,…

How is alimony calculated in Colorado?

One question many couples have about divorce is whether the court will order one spouse to pay the other alimony, which is known as spousal maintenance in Colorado. Unfortunately, there is no easy answer to this question since spousal maintenance awards largely depend on the specifics of each case. A court may examine a wide range of factors within the maintenance statute when determining whether maintenance is appropriate or not. For instance, under current Colorado law, if a couple has…

Treatment of 401(k) accounts in Colorado divorces

Couples who are working through divorce in Colorado and who also have 401(k) accounts may be surprised to learn that their spouses may be entitled to a percentage of the account balance. The portion of 401(k) accounts that accrued during the marriage are considered to be marital property subject to equitable property division in divorce proceedings. The law allows the withdrawal of the amount ordered by the court without the early withdrawal penalties given in the event that both spouses…

Fraud in high-asset divorce uncovered by FBI

The division of marital property is often a contentious issue in Jefferson County divorces. This is especially true when it is a high-asset divorce because so much money is at stake, and each spouse may feel that they are entitled to a certain amount. It is understandable if parties become very angry or emotional during the asset division process, but some people become so outraged at the prospect of paying alimony or child support that they turn to illegal means…