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May 2015 Archives

Understand your finances before complex property division

Most divorced couples will concede that there was no single incident, cause or reason behind their divorce. Rather, a myriad of factors contributed to their need to separate. While this is certainly true for most, some reasons may be harder to handle than others and might, therefore, come up more frequently during a divorce. Mismanaging money is usually one major cause of tension, not only during a marriage, but also during asset valuation or complex property division in a divorce.

Same-sex couples benefit from premarital agreements too

As the fight for gay and lesbian rights continues across the country, same-sex couples in Colorado now enjoy many of the same legal protections as their heterosexual counterparts. While married same-sex couples can now exercise the ability to make medical decisions in an emergency and to file for death benefits through the workers' compensation system, couples may need to consider additional protections before marrying. Although property division and even alimony are usually addressed during divorce or dissolution of marriage proceedings, taking extra steps to protect important assets can still be hugely beneficial.

Facebook playing a role in your divorce? You're not the only one

Finding someone in Colorado who does not have a profile on one social media website or another might not be the easiest task. While the use of Facebook, Twitter and Instragram might be widespread, it does not necessarily become damaging to a user's personal life. However, one woman says that her addiction to one of the Internet's most popular social media websites caused her divorce.

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