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August 31, 2022 | Asset Division, Firm News

How do business owners handle child support?

During the divorce process, a person will likely run into numerous hurdles and struggles. This is particularly true for parents, and also true for business owners. These two aspects can add unfathomable issues to an already complex situation. People with high net worth also have to deal with the possibility of expensive child support payments…

August 17, 2022 | Asset Division, Firm News

Asset hiding in High-Net worth divorce cases?

It is no secret that dividing assets is often one of the most contentious parts of a divorce. When tempers run hot and emotions spiral wildly out of control, many people may even use this as a chance to try getting back at their spouse. Such is the case with High-Net worth divorces, in which…

August 3, 2022 | Asset Division, Firm News

Are High-Net worth divorces more contentious?

You and your spouse have worked hard throughout your lives to acquire significant wealth. Now that you have decided to end your marriage, knowing you are likely to have enough resources to live comfortably should put your mind at ease. Still, having considerable wealth may make your divorce more contentious. To ensure your divorce goes…

July 15, 2022 | Asset Division, Firm News

Commingling might convert separate property

Colorado is an equitable distribution state. According to Colorado Legislature 14-10-113, the courts attempt to divide marital property according to various relevant factors, not including marital misconduct. One of the factors that courts consider is the contribution of each spouse to the marital property. If a spouse has any involvement with a property that the…

July 8, 2022 | Asset Division, Firm News

3 common methods for valuing a business in the divorce process

Your business will likely become a focal point in the property division phase of your divorce. Before you sell the business or buy out your spouse’s interest, you must determine the value. Here are three common methods for accomplishing that task. 1. The market method Similar to the method your real estate agent might use…

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