In Colorado, the marital standard of living significantly impacts spousal support decisions. Courts aim to ensure that both spouses can maintain a similar standard of living after a divorce, to the extent possible, considering factors like the length of the marriage and the ability of each spouse to be self-sufficient. Here’s how the marital standard…
Divorce is an important process that can have substantial effects on your legal and financial rights. Having a tax professional on your team can help you better manage the financial complexities and advocate for a favorable divorce settlement. Unfortunately, many people overlook the effect of taxes on their post-divorce financial situation. Tax professionals can help…
One of the most complex aspects of a Colorado divorce is determining how to divide assets and debts. Divorcing spouses can reach their own agreement regarding the division of assets, but if they’re unable to do so, a family court judge can apply Colorado property division laws, which may consider the transmutation of property. Colorado…
As a parent, you want what’s best for your child. You may have worked painstakingly to provide generational wealth to give your child a head start in this world, but a divorce can quickly derail those plans. Legal Effects of Divorce on Property Colorado is an equitable distribution state for property division during a divorce….
One of the most valuable assets that a married couple may own is their marital home or other real property that they purchased together. A quit claim deed may be one of the simplest ways to transfer property, but it can also cause unforeseen consequences. An experienced family law attorney can review your situation and…
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