As the year draws to a close, many professionals are eagerly anticipating their year-end bonuses. For those contemplating divorce, however, these financial rewards can add a layer of complexity to an already challenging situation. If you are considering ending your...
How does a prenup impact property division in Colorado divorces?
When a marriage ends, the process of divorce can be complex and emotionally challenging. For couples who entered into a prenuptial agreement before their wedding day, this legal document takes center stage during property division negotiations. The basics of prenups...
Does jewelry automatically go to the wife after divorce?
When couples divorce, many assume that the wife automatically gets to keep the jewelry. The truth is, the division of jewelry in a divorce often depends on the type of jewelry, its acquisition and the laws of your state. The distribution is not straightforward In...
What can happen to the mortgage after the divorce?
Going through a divorce can be stressful for everyone, but it can be more difficult when involving high-value assets shared between parties. If you have property division issues, there is no one-size-fits-all approach to resolve them. The most appropriate strategy can...
How long does alimony or spousal maintenance last?
Separating financial resources is an important element of a Colorado divorce. In addition to dividing property, divorcing spouses also need to address ongoing financial support. Child support is typically automatic and lasts until young adults are old enough to live...
What do courts check in marital property settlements?
Courts allow divorcing spouses to agree on the division of their properties and debts through a marital settlement agreement. The approach allows parties to have control over the division and discuss the details among themselves instead of having the judge decide for...
Is your spouse hiding crypto and other digital assets?
Spouses are increasingly employing sophisticated tactics to commit financial infidelity. Some exploit their partner's unfamiliarity with cryptocurrency to retain more assets during a divorce. In many cases, one spouse remains unaware of the other’s digital...
Not just a painting: Navigating artworks in divorce property division
When a divorce property division involves multiple assets, especially real properties, smaller pieces, such as artworks and collectibles often get overlooked. These valuable possessions include paintings, sculptures, collectible cards and so on. Dividing artwork...
What does commingling assets mean?
When couples get divorced, there can be some discussion about whether assets are separate assets or marital assets. Separate assets are not subject to property division. But marital assets are both owned by both people and so both spouses retain an interest in them....
How can what you post on social media affect your divorce?
Social media has become a platform where people express themselves and their thoughts openly. While freedom of expression is a civil right, it can be especially influential in civil matters. Your former spouse can use everything you post or share on social media as...