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...
What should I know about dividing marital property in a divorce?
Colorado couples who are moving forward with a divorce and have been fortunate enough to accumulate substantial assets will inevitably worry about property division. In some cases, the sides can negotiate and come to an amicable resolution. In others, it is more...
Do I Need A QDRO To Divide My Retirement Accounts During A Colorado Divorce?
Are you trying to keep your divorce informal? Do you wonder why you need a Qualified Domestic Relations Order (QDRO) to divide your retirement accounts? QDROs provide legal safety when dividing retirement assets that are marital property. State and federal law require...
Is an inheritance separate property?
When you get divorced, you typically have both separate property and marital property. Marital property has to be divided between you and your ex. It includes money that you earned during the marriage and assets that you purchased. For example, jointly owned homes and...
3 types of property that don’t get divided in a divorce
How couples choose to divide their property has a lasting impact on their financial circumstances after divorce. Married couples typically live in the same house, use the same bank accounts and share their income with one another. That cooperative approach to...
How is marital debt split in a Colorado divorce?
The debt you incurred as a couple (marital debt) is subject to division when you part ways. Such debts may include your house mortgage, joint credit cards, business loans and other financial obligations you co-signed alongside your spouse. In Colorado, marital debt is...