One way that people in Colorado earn an income is by owning properties. Some of these property owners will find themselves going through the divorce process. If you need help protecting your properties, try one of the strategies below. Buy out your ex-spouse One of...
Smart ways to find hidden business assets during a divorce
Unfortunately, there are many potential ways a Colorado business owner can hide their company's income. However, there are also several strategies that someone can use to find these hidden money sources. If you're trying to find hidden money in a divorce, these...
Dealing with stock options, units and awards in a divorce
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...
How will the valuation of a business impact a divorce settlement?
Getting a divorce is already stressful, and when you own a business, it can be even more complicated and confusing. Complex property division in Colorado can lead to a long, drawn-out process when it comes to reaching a settlement in a divorce. Understanding the ways...
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...
3 options for dividing the home in divorce
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...