If you are thinking about getting a divorce, it can feel like an emotional rollercoaster. During this tumultuous time, it is important to consider all your options.
Divorce is difficult for everyone involved. That is why taking the steps to prepare yourself for divorce will make the process smoother and hopefully less adversarial.
If you are wondering how to prepare for a divorce, we can help. Here are some important steps to take before getting a divorce.
Colorado is one of the few states that recognize common-law marriage. And while other states will recognize a common-law marriage from Colorado, less than ten states still allow this type of union to take place. By the end of this article, you’ll ...
Colorado courts treat marital debt the same way they treat marital assets. They divide them between spouses in a way that is fair and equitable, but that might not be how you want to do it. With divorce mediation, you do have a choice.
Divorce mediation and debt can go hand in hand so that you can keep more control over the outcome and more of your personal business stays out of the courtroom.
Most kids who experience the separation and divorce of their parents may struggle in the immediate aftermath, but the impact of divorce on children is generally modest unless there is a high level of parental conflict.
This also aligns with the time it takes most parents to get back on their feet and establish a workable co-parenting relationship with their former spouse, including polite, effective communication.
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.
It's no secret that divorce is one of the hardest things you and your family will ever go through.
Even in the most amicable of circumstances, the changes within your family structure can be tough. It makes sense, then, that you'd want to make the divorce process as easy as possible. But hashing things out in court can heighten tensions between you and your spouse.
On top of that, allowing a judge to make major decisions about finances and child custody means that no one leaves the marriage with what they want.
But what alternatives do you have?
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 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.
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.
