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Property Division Archives

Executed a prenuptial agreement? Make sure it's enforceable

Although it is certainly far from routinely being the case, ample evidence exists to show that increasingly more Americans are executing marital contracts either before or following marriage, the intent being to protect their investments and assets in a divorce proceeding.

Asset division in a divorce: Planning, timeliness key ingredients

In our immediately preceding blog post, we noted that Colorado, along with a majority of other states, provides for the equitable distribution of property in a divorce. That means that there is no legal presumption that all assets either earned or obtained during a couple's marriage are equally co-owned and will be split precisely down the middle in a dissolution.

Separate and marital property; Colorado asset distribution scheme

Many Colorado residents have likely heard and are familiar to a degree with the terms community property and equitable distribution. It is just as likely, though, that many do not know much about these concepts, given that they are legal terms applying to property ownership and how a court will handle property division matters in a marital dissolution.

As economic numbers trend upward, so does divorce rate

After years of marriage, there are a number of reasons why a Colorado couple might choose to end their relationship. Whether divorce talks begin as the result of long-standing conflicts or two individuals simply growing apart, couples have the same financial and familial concerns to sort out. Knowing this, some may wonder: When is the right time to divorce?

A strong prenuptial agreement can ease property division

When exchanging vows, most Colorado couples probably aren't thinking about divorce. However, things come up and unforeseeable circumstances can lead to the decision to split up. As such, some people rely on the security and peace of mind provided by a prenuptial agreement, largely considered to be a nearly iron-clad legal agreement designating how assets will be divided in the event of divorce.

Colorado residents don't have to go through divorce alone

In some cases, married couples come to a mutual understanding that divorce is the best option for them. Although this initial conclusion may not prove contentious, the actual divorce process can become much more complicated. Property division can be quite difficult, particularly if couples have accumulated significant assets during their marriage.

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Wick & Trautwein, LLC
323 South College Avenue #3
Fort Collins, CO 80524

Phone: 970-237-5694
Toll Free: 866-686-1410
Fax: 970-482-8929
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Wick & Trautwein, LLC
513 Big Thompson Ave
Estes Park, CO 80517

Located in Lower Stanley Village
Phone: 970-586-3505
Fax: 970-586-3269
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Windsor, CO 80535
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