Trying to weigh the pros and cons of a big decision can help you be more rational in how you approach your life. Divorce could mean less stress and more freedom, but it could also mean major financial setbacks and interruptions to your most important relationships,...
Divorce
3 ways that a spouse could dissipate or waste your marital assets
During a Colorado divorce, either the spouses or the courts have to decide how to split shared property. Unfortunately, knowing that asset division is imminent can motivate some people to do some unethical and even illegal things. Trying to reduce the value of the...
The danger of funding a bank account before filing for divorce
When you start to consider divorce, you will likely need help and guidance. It is usually safer to get legal advice from a lawyer than from people you know who have gone through a divorce. Otherwise, you could do something that hurts your position in the upcoming...
Ask these 3 questions before you decide to divorce
If you’re starting to worry about the state of your marriage, you’re not alone. 2020 has been a stressful year for a variety of reasons, and the economy taking a downturn has not helped. You’ve probably heard that around 50% of all marriages end in divorce in America,...
What to do if your spouse doesn’t agree with your decision to divorce
Just because you’ve decided in favor of divorce doesn’t necessarily mean that your spouse will agree. This can result in more trouble than expected, which is not what you need during such a difficult time of your life. When you introduce your plans to divorce, you...
Strategies to protect your business in a divorce
When you divorce, you and your spouse must decide how to divide your assets. Forbes explains that property division can pose challenges if the assets at stake include your business. You may protect your interests if you plan ahead to safeguard the company you have...
Picking the right time to discuss a prenuptial agreement
Discussing a prenuptial agreement may bring with it sensitive thoughts and opinions from both parties. For many couples in Colorado, the idea of getting divorced when they have not yet married seems far-fetched and unrealistic. Couples who desire to establish a fair...
Dividing debts as well as assets in a divorce
Many people focus heavily on trying to protect their assets when they get divorced. Property division negotiations naturally result in some losses as couples are forced into splitting their marital estates. Along the way, however, people must also find a way to split...
How women should prepare for the financial impact of divorce
When a woman makes the decision to end her marriage or is facing the likelihood that this will happen, she may find it necessary to prepare for what is ahead. The financial ramifications of divorce can be significant, and the earlier one starts to prepare for them,...
3 myths about common-law marriage you probably still believe
Common-law marriage is an arrangement in which you and your chosen spouse agree that you want to be married but does not involve a formal ceremony. Your reasons for choosing a common-law marriage may vary. Perhaps you do not want to incur financial hardship through an...