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A divorce is a big change for parents and children. While parents deal with the complicated legal matter of untangling a marriage, children are often confused. They may feel scared, powerless and frustrated or angry. Parents going through a divorce who want to prepare...
In Colorado, marital property is divided equitably based upon the value on the day of the divorce, unless the parties agree otherwise. “Equitably” does not mean equal. The court’s division of marital property need not be exactly equal - just fair. Nonetheless, the...
When married business owners decide to divorce, the process can be complex and involve various legal, financial and practical considerations. Plus, there is a good chance that the business itself is one of their most valuable assets. When couples craft prenuptial or...
Dating during a divorce is a debatable subject. Is it allowed or not? Colorado is a no-fault state – you can divorce on the grounds that the marriage is irretrievably broken. Therefore, the court will not consider the fact that you could technically be committing...
If you want to dissolve your marriage in Colorado, you don't need to prove grounds for your decision. As a no-fault state, you can file for a divorce on the grounds that the marriage is irretrievably broken. But what does this mean? Here is what you should know:...
In Colorado, there is no specific statute that recognizes common law marriages, but Colorado courts recognize common law marriage. If a person claims common law marriage, the judge presiding over the case will apply certain factors to determine if a common law...
Colorado is an equitable distribution state, meaning that spouses divide marital assets fairly and equitably, which may not mean half-half. The law splits assets by considering the length of the marriage, each spouse's financial needs, earning capacity, age, health,...
Some couples find themselves caught in a long-term separation rather than a divorce. The reasons may involve money, religious grounds, family pressures or a spouse's refusal to divorce. Some separate, clinging to the hope that they will reconcile; however, one study...
Couples planning to divorce have many important decisions that impact their lives for years to come. Except for custody and parenting plans, few decisions are more important than what to do with the home. It’s typically one of your most valuable assets, but it is...
Nearly everyone going into a divorce knows they will divide up assets, but they may not realize that couples also need to divide up their marital debts. From credit cards to mortgages, both parties share the responsibility of repayment. It can be challenging to spread...
