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One thing that should not be overlooked in a high-net-worth divorce in Colorado is executive compensation. This type of compensation might not be reported on a person's paystubs or wage statements and can be more difficult to track down. However, people who fail to...
A Littleton divorce takes place in civil court, not criminal. Nobody is on trial for an alleged crime. Instead, the purpose is to dissolve the parties' marriage as reasonably as possible. Nevertheless, in rare cases, someone going through a divorce in Colorado ends up...
When couples get divorced in Colorado, the legal term used to divide all their marital property is "equitable." The court defines equitable as being fair based on the underlying factors they will consider, not a 50/50 split. How does the court determine equitable...
When speaking about divorce, people tend to focus on the negative aspects. You may not realize that there are actually some benefits to gain after ending your marriage. Here are a few financial benefits of getting a divorce in Colorado. Control over finances One of...
As an equitable distribution state, Colorado law states that joint assets should be divided in a fair manner in a final settlement. In some cases, this may mean that marital property is split 50/50 between both parties to the relationship. Regardless of how joint...
Colorado is an equitable distribution state. This means that the division of property during divorce happens in a way the court deems fair. The factors a court may consider when determining a fair division of property include the value of property owned, the financial...
Owning a home could deliver the most significant boost to net worth. Not surprisingly, negotiations over the ownership of a house could become contentious during Colorado divorce proceedings. Other times, one spouse may feel fine with giving the other spouse full...
Most people who file for divorce in Colorado tend to focus on the impact that the divorce will have on their children, their basic finances and their immediate situation. However, there's another aspect of divorce that many people overlook: taxes on capital gains. If...
Under Colorado divorce law, joint assets must be divided in an equitable fashion. However, there is no single rule as to what constitutes an equitable division of assets in a given case. Instead, multiple factors must be looked at to determine if a divorce settlement...
Business owners have to juggle several tasks at once between managing employees, balancing financial records and running the daily operations of a company. However, one additional task could be tackling their divorce. Unfortunately, a nasty divorce could have severe...
