Colorado is an “equitable division” state. Some states follow community property laws instead. In Colorado, there is no assumption that property is divided equally.
Equitable distribution states do not assume all property obtained during the marriage is marital property. The result is that Colorado divides marital assets and debts in a way that is fair but not necessarily equal.
A property appraiser can make a difference in your divorce. The marital home and any other real property may be components of the marital estate.
In many cases, the family home is the largest joint asset to deal with during a divorce. Knowing exactly how much it is worth is important.
A property appraisal can cost several hundred dollars, but it is worth it in the end to ensure fair division in negotiations, mediation, or court.
It can be difficult to divide a restaurant when you and your spouse are divorcing. Family-owned restaurants are often a labor of love as well as a business venture.
The first step in dividing a restaurant for a divorce is to determine its value. Below, we discuss how to value a restaurant after a divorce.
If you and your spouse have collected valuable cars throughout your marriage, it may be difficult to divide them in your divorce.
It is our experience that a property division lawyer can help couples with significant vehicle assets. Read on to learn more about how to divide motor vehicles in a divorce.
Before issuing a child support order, the judge presiding over your case will make sure that you and the other parent have your child’s current and future medical needs covered.
Your child’s medical costs are just one of many issues to consider when determining child support payments.
Colorado statutes require parents to share the cost of education and childcare following a divorce.
However, many parents still have questions and concerns when it comes to how to pay for their children’s private school tuition after divorce.
If you are worried that a soon-to-be-former spouse will retaliate against you by canceling your health insurance during the divorce, Colorado law has you covered.
Colorado Revised Statutes 14-10-107 (4)(b)(I)(D) forbids the cancellation of health insurance that provides coverage for spouses and dependent children.
Additionally, spouses cannot allow the insurance to lapse by not paying the premiums.
Couples have many decisions to make during a divorce. Whether you and your spouse agree on issues will determine whether it is a contested divorce or uncontested divorce.
Couples have a contested divorce when
there are disputes over any issues that need to be resolved before the divorce
is finalized.
In an uncontested divorce, the soon-to-be-ex spouses have resolved
or are able to resolve their issues and are ready for a judge to sign off on
their proposed settlement.
Let’s take a look at what is involved in each type of divorce.
Why You Need a Parenting Plan Because it’ll reduce conflict and make life for you, your ex, and your children SO MUCH easier. So, what should be included in your parenting plan? Keep reading… Table of Contents Decision Making Major decisions are … Read more
Retirements accounts are often a married couple’s largest asset, and they are also one of the most complex.
While they are marital property, splitting a pension can be a complicated process.
No matter if you are the owner of the pension account or if you are seeking a portion of your spouse’s employer-sponsored retirement, dealing with splitting a pension plan can present issues.
You need a knowledgeable attorney who regularly deals with complex financial issues during divorce.