Partners ThroughoutYour Family Law Case
Divorcing couples often worry about what will happen to the assets they built before their marriage. This stress is a normal part of such a major life change. Here's the thing: Not everything you own is automatically up for grabs during the legal process....
Colorado law follows the equitable distribution principle in divorce proceedings, meaning the court divides marital property equitably, though not always in a 50/50 split. However, as a divorce becomes imminent, the fear of losing half of a lifetime’s wealth can be...
When facing a divorce, you deserve a clear understanding of what happens to your property. Colorado is an equitable distribution state, unlike a handful of states that follow a community property rule. Under this system, the court divides marital assets and debts...
Division of assets during divorce is often complicated. This is particularly true when it comes to home equity fluctuations. Few areas experience this more than Denver’s current market. As such, those going through a divorce are wise to understand the complexities of...
You may be able to keep the house, but it depends on how the court views your situation. Judges consider your financial stability, parenting responsibilities and the role your home plays in your life. Whether you reach an agreement or go to trial, the outcome depends...
A primary component of a divorce is the division of debts and assets between the parties. Many divorce cases involve the simple dividing bank accounts, properties, and vehicles. However, “marital property” can also consist of more complex assets, such as business interests, assets with vesting schedules, and awards. Less frequently but importantly, some divorces involve the division of personal injury…
When dividing property during a divorce, Colorado Courts must first determine whether property falls under the category of marital property or separate property, before they equitably divide marital property between ex-spouses. Defining marital and separate property Put in the simplest terms, property acquired during the marriage is considered marital property, and any property acquired prior to the marriage is considered…
Are my student loans considered a marital debt in my divorce? If you are like the majority of American couples, you or your partner, or both, may have incurred student loan debt during or before your relationship. You may be wondering, how does Colorado characterize student loans, and will I be responsible (at least partially) for my spouse’s student loans…
If you are getting a divorce, one of the assets that a court can divide between you and your former spouse are retirement accounts/ assets. These assets may be minimal, but, depending on the stage of life and of your career that you are in, they may be significant for purposes of your future financial planning and goals. There are…
If you are going through a divorce and you or your spouse have a Colorado Public Employee’s Retirement Account (PERA), you will need separate court orders in order to divide the plan. To properly split the account and confirm each spouse’s right to a portion of the money, you will need a Domestic Relations Order (DRO). Although DRO forms may…
