February 2015 Archives

Should I think about child custody when considering divorce?

It's perfectly understandable to turn to trusted friends or professionals for much-needed advice. When it comes to deciding whether to file for divorce, however, the decision is deeply personal. While the answer can sometimes be clear-cut, it is often difficult to come to the most appropriate and beneficial conclusion. For those on the fence about the decision because of issues like child custody and parenting time, there may be some indications that the time to finally pursue a divorce is right. 

Spousal support request in Walmart heir's divorce

Historically, when one party was ordered to pay another alimony in Colorado, it was the husband making payments to his ex-wife. However, as the gender gap has inched closer to closing and more women have pursued careers during their marriage, this is no longer the case. Instead of assuming that a woman will be the one entitled to receive spousal support after a divorce, each party's income and economic advantage or disadvantage is carefully evaluated to determine who -- if anyone -- may benefit from alimony.

Debt and estate plans must also be addressed in property division

Although a significant number of couples in Colorado choose to maintain separate finances and bank accounts, a great many married couples still choose to combine every aspect of their lives -- including their bank accounts. There is nothing inherently wrong with either choice. However, joint accounts, estate plans and even retirement funds may need extra attention and consideration during property division in the event of a divorce.

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