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Study: Over a third of Americans hide money from their partner

On behalf of Jolein A. Harro, P.C. | Dec 23, 2020 | High Asset Divorce, Property Division

A recent study concluded 37% of adults in the U.S. stash away money unbeknownst to their romantic partner. The research, commissioned by online retailer StockX, says the average amount hidden comes to just over $2,000. While there are many reasons why even happily...

Dividing online property in a high asset divorce

On behalf of Jolein A. Harro, P.C. | Dec 11, 2020 | Property Division

Couples will face countless challenges as they slowly move through the process of ending a marriage. From financial negotiations including support to emotional compromises such as parenting time, the divorcing couple will have to carefully determine the distribution...

Evaluating the family business during a divorce

by Jolein Harro | Nov 30, 2020 | Divorce, High Asset Divorce, Property Division

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...

What is a commingled asset?

On behalf of Jolein A. Harro, P.C. | Oct 5, 2020 | Property Division

When divorce becomes a reality, many couples look back on certain financial decisions with regret. A complicated aspect of the divorce process is the division of assets and debts. Numerous decisions which may have seemed logical at the time can ultimately lead to...

Who is responsible for debt after divorce?

On behalf of Jolein A. Harro, P.C. | Sep 25, 2020 | Property Division

For many couples, the decision to end a marriage does not come easily. Even if it is the best choice for their independent futures, the process can be complicated by numerous meetings and challenging decisions. The financial negotiations centered around the division...

Understanding the differences between marital and separate property

On behalf of Jolein A. Harro, P.C. | Sep 9, 2020 | Property Division

The decision to end a marriage is not an easy one. Even if it is the best solution for your future, the divorce process includes numerous complex steps centering on the determination of child support, the development of a parenting plan, and the division of assets and...

What happens to a family business in divorce?

On behalf of Jolein A. Harro, P.C. | Aug 5, 2020 | Firm News, Property Division

When you and your spouse got married many years ago, you never dreamed that your marital bliss would end in a divorce. Since your children are grown and on their own, your primary concern is what will happen to your business. The business has been in your family for...

Witnesses can play key roles in divorce

On behalf of Jolein A. Harro, P.C. | Jul 21, 2020 | Child Custody, High Asset Divorce, Property Division

Many of those who face divorce understand they may be asked to explain their side of a certain issue – parenting, perhaps, or how a family business was run. Fewer are mindful that other witnesses may testify in court during divorce hearings. The concept of witnesses...

Does a prenuptial really matter that much in property division?

On behalf of Jolein A. Harro, P.C. | Jan 5, 2016 | Property Division

Aside from ordering the flowers and planning the reception, creating a careful and competent prenuptial agreement is an important part of planning for a wedding. Of course, there are some who fail to see the protections afforded by a prenuptial agreement. Ohers who...

Don’t forget retirement accounts during property division

On behalf of Jolein A. Harro, P.C. | Nov 19, 2015 | Property Division

Financially responsible couples in Colorado tend to plan ahead for most major life events. Planning for retirement often involves establishing one or more retirement accounts at a young age, either through an employer or an outside account. However, handling these...

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RECENT POSTS

  • Tips for including digital assets in an estate plan
  • Study: Over a third of Americans hide money from their partner
  • Dividing online property in a high asset divorce
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