Getting a divorce can be difficult for a Colorado resident, especially if they have concerns about how they will financially support themselves once their marriage is over. In some divorce cases, financially disadvantaged individuals may secure alimony or spousal maintenance from their exes to help them transition into their new single lives. Alimony can end based upon the terms of an agreement made amongst the parties or based on how a divorce court structures the parties' alimony order.
The division of property during Colorado divorce is based on equitable distribution principles. This means that marital property is equitably divided among the parties and that it is not necessarily split equally. Equitable distribution is generally based on fairness and will depend greatly on the circumstances surrounding the parties to a divorce.
Recently, Amazon CEO Jeff Bezos and his wife announced that they will end their marriage. The couple has been married for 25 years and share several children. What makes their divorce unique and somewhat interesting to millions of Americans is the fact that Bezos has also been named the richest man in the world.
Every divorce is different. As such, it is important that readers of this blog understand that the schedule their divorce follows may be different from the one outlined in this post. This post is provided to highlight for its readers the many important and divergent matters that couples must work through in order to end their marriages. Since every marriage follows its own course, readers are reminded that this post is informational and should not be used as specific legal guidance.
Getting a divorce can be a difficult process for a Parker resident, especially when they must manage the health and happiness of their children as well as themselves during the dissolution of their marriage. The decision to file for divorce may not be an easy one and when the time comes to file the proper pleadings with the court, an individual may not be sure of just what to do. Working with a trusted attorney is a good way to avoid issues as a person moves through their divorce.
It may not be time to file your 2018 taxes yet, but people in Colorado should be aware of some significant changes to current tax laws that also affect family law issues they may face, especially if they have decided to end their marriage. Understanding how these changes will affect a divorce is critical to making decisions that are appropriate.
Home may be where the heart is, and that is why it is often one of the most sought-after assets when a couple is divorcing. Some people in Colorado may see the family home as their ticket towards securing much-needed finances once they retire. However, is it always worth it to pursue the family home during the property division process?
First comes love, then comes ... the prenup? Actually, for millennial couples in Colorado and nationwide getting ready to walk down the aisle, premarital agreements (also known as prenuptial agreements) are becoming less taboo. Premarital agreements outline how the soon-to-be spouses will divide their assets if their marriage doesn't last. Premarital agreements can also address child custody issues, inheritance issues and spousal maintenance (alimony) issues.
The dynamics between a husband and wife are different in every marriage, particularly when it comes to work. Sometimes, both spouses work outside the home and earn roughly the same amount of money. Both spouses work outside the home, but one spouse earns significantly more than the other.