The decision to file for a divorce can be a tough one. You may have come to the conclusion that it makes no sense from a financial perspective, but that in order to live a happy and fulfilled life, it is what you must do.
A recent article in the Huffington Post visits a dual-edged theme that is often mentioned in family law articles concerning marital dissolution, with its author noting that common perceptions are sometimes misplaced.
A key aspect of most divorce negotiations and settlements in Colorado and every other state is asset division. In Colorado, that is carried out in a manner similar to most other states, namely, through what is termed an equitable distribution of property.
It is certainly no small secret that America's two major political parties haven't gotten on all that well in recent years, with members on each side of the congressional aisle on Capitol Hill readily lambasting opponents on the other.
A lot of ground has been gained in the fight for same-sex marriage rights across the nation over the past few years. This year, more states passed laws that have made it possible for same-sex couples to get married. The Supreme Court of the United States struck down the Defense of Marriage Act, making it illegal to refuse federal benefits to same-sex spouses.
Getting divorced can be a difficult and emotional time in a person's life. There are many factors to consider during divorce and with the ever-increasing presence of social media in our lives today, it is important for people getting divorced to understand how social media can impact their divorce.
Divorcing parents often try to make sure the terms of their settlement provide what their children need to remain happy and healthy. However, one thing that may not be on the top of Colorado parents' minds during a split is saving for college, especially if their kids are young. However, with tuition costs on the rise, saving for college is an important topic that may be worth discussing during divorce.
When Colorado couples make the decision to divorce, there are a number of critical legal issues that must be settled in order to move into the next phase of life. In addition to family matters such as child custody, many divorcing couples have to decide what they will do with their house.
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.
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.