Married people generally do not plan for a divorce. Everyone hopes their marriage will last a lifetime, but if yours does not, you must prepare to divide your lives. Throughout the marriage, you and your spouse collect property and assets. If you amass a personal...
At the moment you or your spouse files for divorce, trust between you could be in short supply. Especially when it comes to money and valuable assets like a family-owned business, investments and real estate. Martial assets that you acquired during the marriage are...
Digital wallets are more common these days than ever before. While they have a variety of useful purposes, some people may also use them in attempts to do illegal activities such as hiding assets. But what is asset hiding in divorce? How do people use their digital...
Going through divorce is a difficult thing for everyone involved. More often than not, the division of assets will take up a large part of the stress load for couples, too. Some people believe that tensions will grow and arguments will worsen as a couple's net worth...
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...
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...
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...
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...
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...
Divvying assets may be one of the more complex elements of a divorce. Many people believe that a 50/50 split suffices; however, how can you determine a fair split? Not all assets have equal value and in high-asset cases, the couple may be surprised by the value of...
