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Property Division

Businesses and divorce: how is a business valued in family law cases in Colorado?

Businesses come in all forms and sizes, each with their own unique arrangements and intricacies. A business may be an operating business, a silent investment, a holding company, or stock options, for example. Businesses may be owned and operated by the spouse(s) only, or with partners who are not parties to the divorce proceeding. If you and/or your spouse have an interest…

What Happens to My 401(K) During a Divorce?

If you are going through a divorce, you and your spouse will need to equitably divide assets that were acquired during your marriage. Splitting up your checking account might be relatively straightforward, but dividing a 401(k) account is a bit trickier. You might not be thinking about retiring now but safeguarding your future is important. Here is what you need…

How taxes can complicate your divorce process

The tax season is upon us! If you are in the divorce process, it’s never too early to start preparing for tax season. How and when your divorce actually finalizes could have a big impact on your tax returns and similar obligations to the IRS. The IRS (Internal Revenue Service, if you ever wondered the full name) considers you married…

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