Divorce brings significant changes to your life and finances, but many business owners must also consider whether the end of their marriage will also lead to major changes for their company. If your spouse has a claim on your business, your choices during divorce can...
Empathy And Experience In Bankruptcy, Family Law And Estate Planning
Property Division
Can I keep our ski chalet after divorce?
Deciding the fate of shared properties, such as a ski chalet during a divorce, can be as challenging as navigating the slopes of Aspen during a heavy snowfall. A ski chalet is not just a substantial financial investment but also a repository of cherished memories and...
Can I keep my horse when I get divorced?
Riding and showing horses are popular pastimes in Colorado. For equestrians, horses are beloved companions whose value far exceeds their monetary worth. If you are a horse owner facing a divorce, the fate of your animals is likely a top concern. How can we decide who...
Property that can remain separate property during a divorce
People in Colorado each have unique marriages. They last varying lengths, people have varying numbers of children, they earn various amounts of money and acquire various amounts of assets during the marriage. That means if the couple divorces, each divorce will be...
Property that may be subject to division during a divorce
Martial property is subject to division during a Colorado divorce. While the separate property that individuals maintain will remain their individual assets once their marriages are over, martial property must be split amongst the spouses with each spouse taking their...
How to identify separate property during a Colorado divorce
Not long ago this Colorado family law blog offered a post to its readers regarding what it means for the state to operate under equitable distribution principals of law for the purposes of dividing marital property. When a court uses equitable distribution to decide...
What does it mean for Colorado to be a common law property state?
How property is divided during a divorce can be one of the most concerning and contentious parts of ending a marriage. When a person makes a list of everything that they own with their partner and on their own, they may be overwhelmed by the real, personal and...
Property division and the commingling of assets
It is not unusual for spouses in Colorado to have significant assets coming into a marriage, particularly if they marry at an older age. For example, they may own a home or business prior to getting married. However, what happens to these assets should the couple...
Addressing property division issues in a prenuptial agreement
While some couples in Colorado marry young without much by way of assets to their names, it is not unusual for couples to marry at older ages these days, or even to divorce and re-marry a second time. This also means that it is not unusual for couples to enter into a...
What factors do Colorado courts consider when dividing assets?
Couples may spend many years during their marriage accumulating assets that they believe to be "ours." However, if a couple's marriage fails and divorce is on the horizon, they will have to start looking at how to divide their marital assets into "mine" and "yours."...