One complex financial situation that can arise during a divorce in Colorado is one in which a spouse has executive compensation, particularly in the form of stock. The first challenge is to identify this compensation since it may be easily overlooked or hidden. This...
Avoid these mistakes when divorcing later in life
Many young couples dream of being with their partner for the rest of their lives. However, after decades of being with your spouse, you may decide that it is time to call it quits. If you are over 50 and thinking about getting a divorce in Colorado, here are some huge...
Common signs your spouse is hiding assets during a divorce
Colorado requires that couples report all assets during the divorce process. However, people may try to distort their finances to reduce their alimony or child support obligations or to avoid equitable division of marital property. These four common signs may indicate...
4 questions to ask when selling a business
Sometimes selling your business is a necessity and other times it is an opportunity, but in either case it can be a challenge. It can be difficult to gauge the viability of the interest and offers you receive while still keeping the business going. According to...
Preparing to buy a small business
Purchasing a business with a proven track record and established clients and customers may seem appealing. Making sure you get what you pay for can be tricky. According to Chron.com, here are some tips for creating a successful purchase offer. Identify assets Some...
The family succession plan paradox
Do you plan to pass ownership of your company to your children when you retire? If so, do you have a succession plan already in place? Approximately 75% of participants in a 2016 survey of family-owned businesses intended to pass ownership to the next generation, but...
3 ways to value the business you are thinking of buying
Owning a Denver-area small business may help you achieve the American dream. If you do not have a brilliant business idea, you may be thinking about buying someone else’s venture. To be certain you are making a wise investment, though, you must perform some due...
Pursuing a commercial tenant for unpaid rent
When a commercial tenant fails to pay his or her rent, you have options for what you can do. Often, the main approach is to take the tenant to court to collect damages. According to the American Bar Association, you should take the time to assess the situation before...
How many drinks does it take to get drunk?
A person's blood alcohol concentration (BAC) is a key factor when determining whether they are driving under the influence. BACs of .08% or greater will lead to an arrest, but it is important to understand that you feel the effects of inebriation well before you reach...
Learn how to grab the attention of buyers
If you want to sell commercial real estate in Colorado, then you need to know how to grab the attention of prospective buyers. People are different these days, and old real estate tactics do not work as well as they used to. You have to engage with buyers and use more...
