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…
While many disputes in divorce revolve around fairly dividing assets, the division of debts can be just as impactful, if not more so, than that of property. Being stuck to debt you accumulated during your marriage can be disheartening, and you may be unable to manage debt payments on your own. Understanding how debt is…
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