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Lengthy divorce proceedings in Colorado still serve a purpose

| Apr 1, 2014 | High Asset Divorce

Many Colorado families face the pain of divorce. Some spouses will often rush through divorce proceedings just to get things over with, but experts say this can be a mistake that may end up negatively affecting property and asset division. There are several things to keep in mind that can help those who have a great deal of assets at stake in a divorce.

In order to ensure that both parties are treated fairly during divorce proceedings, spouses typically need to be prepared for the entire process to take a great deal of time. Mediation can be stressful mentally and physically, so spouses should make a point to get plenty of rest, proper nutrition and follow other healthful habits to get through the long days that may occur. In parallel to the topic of adequate sleep, if a significant decision looms, getting a good night’s sleep before making any choices will be helpful.

Keeping emotions in check is crucial to fairness in divorce proceedings. A spouse may seek the assistance of a financial advisor to help him or her determine exactly how certain settlements would affect his or her lifestyle. Having a picture in mind of what the financial future will look like can give the spouse motivation to continue rather than settle. Support doesn’t only have to come from professionals — though they are an excellent source — focusing on friends and other family members can help the spouse keep things in perspective and stay positive.

Those who share a great deal of assets with spouses they are divorcing also risk losing a significant amount if impatience or emotions take over. Families in Colorado who are in the middle of divorce would most likely do well to remember that the proceedings have a purpose and can affect their future. The hope is that those eventual effects will be positive and help everyone move on with their lives.

Source: Forbes, “How to Stay Strong And Get What You Deserve In a Divorce“, Robert Pagliarini, March 25, 2014