When it comes to property division, most of the focus is on the house, cars, retirement accounts and other big-ticket items. However, life insurance policies purchased during a marriage may also be marital property. How is life insurance divided during a divorce? Term...
Boulder Family Law Blog
How does Colorado enforce child support orders?
Whether you are getting ready to end your marriage or split up with your former spouse years ago, it is crucial to understand various issues related to child support if you have young kids. Aside from understanding different ways to pay support if you are a...
What are your alimony options as a stay-at-home parent?
As a stay-at-home parent who looks after your children, financial concerns will likely dominate your worries about divorce. What will you do after the split, when you can no longer rely on a two-income household to support your current lifestyle? Fortunately, you...
Paying child support as a business owner
As a business owner, there are multiple reasons why you could have an especially challenging time during the divorce process, especially if you have kids. Entrepreneurs and business owners sometimes find themselves in the middle of a divorce because of the demands...
How do you correctly identify marital property?
A divorce has a lot of moving parts to it, even after you set aside the emotional hardships involved. For example, settling the separation of marital property is just one of the many things you will need to determine. A judge presiding over your case will often...
How may I withdraw funds from a shared account during a divorce?
Shared or joint financial accounts opened during a marriage generally belong to both spouses. As noted by Bankrate.com, before withdrawing your portion, a divorce may require you to include joint accounts with your marital property. During a Colorado divorce, your...
Do you need a dynasty trust for your divorce?
When leaving assets to children and grandchildren, you can rest easy knowing you can continue to care for them after you are gone. For people with considerable wealth, leaving assets to beneficiaries also come with some very real concerns about taxes. According to...
Does more money mean more fighting during a divorce?
You know that you need to divorce your spouse, but you do not want a big fight. As a couple, you and your spouse have a high net worth. Does that mean your divorce will be more contentious? Not necessarily. According to Insider, it depends on how much you and your...
3 ways that couples can settle their divorce outside of court
For many couples in the Boulder area, divorce will be both stressful and expensive. However, it does not necessarily have to be either of those things. A couple considering the dissolution of their marriage ultimately has control over how much conflict that process...
Why are high-asset divorces usually settled out of court?
One common theme with high-asset divorces is that couples often settle out of court. This means the couple works together to create their divorce agreement without needing a judge to make any rulings. According to Insider, one of the reasons this may happen is the...
