Some of the most valuable property that people own is real property. If you and/or your spouse own land in Colorado and you are contemplating divorce, how your land is treated can have a lasting impact on your future finances. If you own land in your name, you might assume it is yours alone. However,…
If you are contemplating divorce, one of the things you might not be considering is how the divorce will impact your estate plan. However, without careful attention to these details, you can encounter unintended consequences. It’s crucial to review your trust arrangements during and after divorce, especially if you are a high-net-worth individual. Understanding Testamentary…
While many people are concerned about who gets the family home in a divorce, retirement plans are often among the largest assets in a divorce. As such, they require careful attention during divorce proceedings to ensure you receive a fair outcome that protects your long-term interests. In Colorado, understanding and dividing these plans fairly requires…
Many people purchase vacation homes so they can enjoy an occasional getaway or to supplement their income with rental revenue. These vacation homes may represent many beautiful memories while also representing a valuable asset. This could make the vacation home an asset both spouses want. But who gets the vacation home in a divorce? The…
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…