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July 2015 Archives

Age could play bigger role in divorce than previously believed

Is age really nothing more than a number? Some researchers think that old adage might not hold true when applied to marriage and divorce. After conducting a study using data from a national institute, they concluded that getting married before and after the late 20s gives rise to a higher chance of divorce. Most people in Colorado are likely familiar with the warning not to marry too young, but few might have heard that marrying too old could be bad for marital longevity too.

Divorce just got easier for same-sex couples

When the United States Supreme Court ruled that same-sex marriage is legal at the federal level and in all 50 states, same-sex couples gained more than just the right to marry -- they gained the right to divorce. Even after some states, including Colorado, legalized gay unions prior to the SCOTUS ruling, divorcing was less than straightforward for many same-sex couples. Although the path to legally ending these relationships is now clearer, some confusion may remain.

Maintaining financial security even after a divorce

Even when divorce is the most appropriate course of action to take, some couples choose to put off filing out of fear that their finances will forever be impacted. Colorado couples with a high-net worth are not immune to this worry, especially if one or both parties have worked hard to build and maintain their financial worth. Of course these concerns are understandable, but careful planning and asset valuation can reduce tension and confusion during complex property division in a divorce.

Proposed measures target same-sex couples and marriage

Several years before the U.S. Supreme Court ruled that same-sex marriage was constitutionally protected in all 50 states, Colorado had already legalized marriages between same-sex couples. The court ruling opened up the door for same-sex couples all across the country to enjoy the benefits of marriage, including federal tax breaks, access to injured or ill loved ones in the hospital and even divorce. However, opponents of the ruling recently proposed ballot measures to limit same-sex marriages in Colorado. 

Complex property division might not have phased Google co-founder

While most Internet users in Colorado are intimately familiar with Google, they might be less familiar with the faces behind the popular search engine company. Sergey Brin, a co-founder of Google, recently finalized his divorce from his tech-savvy ex-wife, Anne Wojcicki. Although high asset divorces can be somewhat more involved while dealing with complex property division and other issues, the pair seemed to settle their divorce somewhat amicably and without much issue.

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Changing the face of divorce.