Divorce is difficult enough without considering the financial implications, but things can get even more complicated when it comes to high-net-worth individuals. One of the key issues that arise in high-asset Colorado divorces is the division of executive...
Divorce
The hidden losses of divorce in Colorado
Divorce hits hard in many ways in Colorado; some surprising losses in a divorce that feel the most painful are losing the feeling of love, the loss of teamwork and even the loss of some family members' attention. Things you used to love After the end of a marriage, it...
How can you protect your assets in gray divorce?
Gray divorce is on the rise in Colorado. As more and more couples choose to end their marriages later in life, the need for asset protection becomes increasingly important. If you are considering a gray divorce, it is crucial to take steps to protect your assets to...
How Colorado parents should talk to their kids about divorce
Divorce can be a painful process for Colorado couples, but it’s made even more painful if you have children together. Some parents might not know how to communicate their forthcoming divorce to their children because of this. Regardless, it’s still important to talk...
What happens to the family home in a divorce?
The family home is often one of the most valuable assets in a Colorado divorce. How you handle it can make a big difference in the outcome of your divorce settlement, and you have a few options. Sell the home Usually, the easiest and most straightforward option is to...
Divorcing a narcissist often takes longer
High-conflict divorces take up a large part of the family law docket in Colorado courts. If you are divorcing a narcissist, you can expect the conflict that started during your marriage to continue and prolong the process. Narcissists use various toxic behaviors to...
Understanding how divorce can affect a business can be critical
If you're getting a divorce in Colorado and own a business, it can make the situation even more complex and overwhelming. Being in this position can make it challenging to focus as you will be dealing with lawyers and the splitting of assets. The consequences of...
How divorce impacts your tax returns
Filing for divorce may have a significant impact on your Colorado and federal income tax returns in the year that your marriage ends. It may also have a significant impact on future tax returns if you share children with your spouse or received assets that may be...
Life insurance and divorce in Colorado
One of the most overlooked aspects of divorce is the impact it can have on life insurance policies. It's important to understand how life insurance policies work in divorce and to take steps to protect yourself and your loved ones. What is life insurance? Life...
When your spouse asks for a divorce
For many Colorado couples, marriage isn’t always easy. Divorce is even more difficult. As a result, if your spouse suddenly reveals that they want a divorce, you might feel shocked, scared, confused or angry. Whether the admission is completely out of the blue or one...