Colorado couples will face numerous challenges when moving through the divorce process. Not only will they have to determine how debts and various assets are divided, but they will have to make important decisions regarding any marital properties. From the marital...
4 debts that must be examined in your divorce
The divorce process is often punctuated by moments of emotional and financial turmoil. Even if the relationship has ended amicably, making decisions based on the best interests of your children and the stability of your financial future can be stressful. Added to...
What are some common property valuation mistakes?
To properly divide your assets in a divorce, you will need to do a valuation for each asset. Some assets are simple to assign a value to, such as money, but others can be tricky. Often when you have tricky situations, it is easy to make mistakes that will cost you as...
Dividing the family business in divorce
A divorcing couple will need to thoroughly examine the assets and debts they’ve acquired over the course of the marriage. Depending on the types of assets that must be included, property division can quickly become a complicated process. Dividing a family business can...
3 tips to remember during debt division
No matter how long the marriage lasts, a couple will likely accumulate numerous assets and debts while together. From purchasing a home to completing a rare book collection, a married couple will have to carefully examine their inventory when divorce becomes a...
The 3 ways you might split a home (and your other property)
If you find yourself in a divorce, you may be unwilling or unable to split the property how you want. As an equitable division state, Colorado courts try to divide marital assets and debt in the fairest way possible, as opposed to the most equal. A divorce represents...
Can you take a disbursement from a 401(k) in a divorce?
If you were not the primary income earner in your marital home in Lakewood, then your divorce may bring with it a good deal of financial uncertainty. You may find yourself needing to secure new housing or having to pay to return to school or to receive vocational...
Combatting The Stigma Around Prenuptial Agreements
Prenuptial agreements have long suffered a reputation problem on two fronts. First, there is a belief that prenups are only for the rich and famous. Second, there is a belief that prenuptial agreements are “romance killers” that essentially doom a marriage before it...