Facing a divorce is a difficult and momentous experience. Chances are, you’re already sad at the loss of the person you once shared your life and deepest feelings with when you find yourself facing further losses. Why do some friends disappear during your divorce like collateral damage? Most people don’t expect the friends they count on for support to ghost them or blatantly choose to remain friends with their ex instead of them, but sadly, this isn’t uncommon. So, why…
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…
When couples bring children from a previous relationship into a marriage they create a new family. Then, they may or may not have children together as well. Blending two families into one can be a joyous process but it also becomes complex when choosing how to divide assets in estate planning for after your death. How do you create an estate plan that satisfies everyone and doesn’t cause resentment within the family you’ve created after you’ve passed? What are some…
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….
