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February 20, 2024 | Divorce

How Will My Pension Be Affected in a Divorce?

Next to the marital home, retirement accounts are among the most considerable marital assets. This includes public and private pensions. Colorado is an equitable division state. Therefore, pensions and other marital property are equitably divided between spouses upon divorce. An equitable division is based on fairness, not equality. The following article outlines how a Colorado…

February 9, 2024 | Divorce

How Colorado’s Equitable Distribution Laws Impact A Divorce

In Colorado, the court divides marital property “equitably” between divorcing spouses. An equitable division of marital property is as close to fair as possible, but it is not necessarily equal. Colorado’s equitable division laws apply to both marital assets and debts. Spouses are encouraged to reach a mutually acceptable property agreement for the court’s approval…

Why You Might Need a Divorce Lawyer Even with a Prenup

What is a Prenup? A prenup or prenuptial agreement is a legal contract signed by future spouses before marriage created by the Uniform Premarital and Marital Agreements Act in 1983. Colorado adopted this act in 2014 under Colorado Stat. §14-2-301. A prenup defines property rights and financial obligations between future spouses. It designates the division of…

January 18, 2024 | Spousal Support

How Does Remarriage Affect Spousal Maintenance in Colorado?

Spousal maintenance in Colorado is court-ordered financial support paid by one spouse to another. Spousal maintenance may be ordered during a divorce action or upon the legal pronouncement of a divorce. To receive spousal maintenance in Boulder, the spouse desiring support must ask the court for a spousal maintenance order. The court will then determine…

January 9, 2024 | Divorce

The Role of Forensic Accountants in High Asset Divorce Cases

A high asset divorce case typically involves significant wealth from a variety of sources. High asset divorces may include any of the following: Retirement accounts; Real estate holdings; Business ownership; Offshore assets; Stock portfolios; Personal bank accounts; Trusts; Art collections; and Family wealth. Dividing property, liabilities, and income in a high asset divorce case can…

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