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....
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...
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...
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...
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...
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...
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...
When divorcing spouses have income that includes commissions, bonuses, stock options and other income besides a straight salary, the division of assets can get complicated. Generally, if a spouse receives a bonus for accomplishments prior to the divorce filing, it’s...
Divorce can be complex and there are numerous different factors to settle. Unless children are involved, the biggest issue most couples have to handle is how to divide their marital property. A significant part of the financial negotiations in a divorce will involve...
When you get divorced, one of the things you have to do is to divide your property. What you may not realize is that your children’s assets, like bedroom furniture and clothing, may also be yours to divide as well. Many of the items your children use every day are for...
