Everyone knows that the economic recession has created hardship for families across the country. At the same time, a growing trend that pre-dates the recession has caught the attention of many in Colorado: Child poverty in our state is growing at one of the fastest rates in the country.
Protected trusts can complicate high-asset divorce proceedings
When couples in Fort Collins head to the negotiating table to work out the terms of their divorce, among the first objectives is to create a financial settlement that establishes a sense of security for both parties in post-divorce life. For couples going through a high-asset divorce, this process may be rather complex, particularly if one party is trying to protect their holdings.
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.
Supreme Court sides with father in international custody battle
Child custody disputes can be difficult under the best of circumstances, but have the potential to become especially contentious if one parent relocates. The issues of visitation and parenting time can be impacted by distance, especially in the case of an international relocation. Parents who are embroiled in a child custody dispute should educate themselves regarding any rights or protections they might have if this situation arises.
Child support liens could lessen settlement payments
Every day, people commit crimes and are arrested and jailed when caught. While in jail, financial obligations such as child support payments are not waived in many states; the incarcerated person is still responsible for making those payments. If someone is unjustly jailed, knowing that their financial responsibilities are not being met adds to the stress of proving his or her innocence.
