When people in Colorado get divorced, they should be aware of what can happen in the property division process. This split may involve the liquidation of assets or reassignment of them in such a way that an asset is devalued. In order to reduce the chances of this occurring during the divorce, several attorneys have offered useful tips on handling assets.
Many stressful duties accompany the end of a marriage, including asset division, determining child custody and agreeing to a fair settlement. Some divorces run more smoothly than others, but most face at least a few difficulties as people experience this major life adjustment. A high-asset divorce between high-profile individuals may be even more emotionally charged because more assets are at stake and the media tends to take notice.
When a marriage ends, there are many legal considerations to be dealt with, involving things such as child custody and property division. A high-asset divorce carries with it an added degree of complexity due to the extensive assets that need to be divided.