There are many different ways that you can handle your home in a Colorado divorce. Keeping the property is only one option. You could convert it to a rental or agree to sell it and share any proceeds from the transaction with your ex. Some people immediately assume...
Where should you look to learn if your spouse is hiding assets?
You probably do not need anyone to tell you that divorce can bring out a person’s worst behavior. Still, for those getting divorced in Broomfield, Colorado, it cannot hurt to revisit this issue, especially if you want to do all you can to ensure a fair property split....
How do you split your debts in a Colorado divorce?
When a couple decides who gets what in a divorce, the focus is quite frequently on who gets to keep certain assets. The house, the retirement accounts and even the pets in the family will be focal points in the process. Your credit card balances or student loans are...
You’re getting a divorce: What happens to the house?
Your home may be the single biggest asset you and your spouse have. It may also be the most complex issue you face when it comes time to divide up the marital property. You can’t, after all, simply divide a house in two and carry off your share. So, what can you do...
When should you introduce an appraiser into your divorce negotiations?
Most aspects of a divorce can be challenging, but property division discussions can be particularly tough -- especially when the accumulation of your assets has been gradual (and considerable) during your marriage. Assessing the value of your shared assets may prove...
Can your spouse stake a claim to your work bonus or commission when you divorce?
While many individuals receive the same weekly salary, others receive a base salary and commissions, bonuses or other perks and thus have varying income each week. You may find it a bit concerning to find out that what can happen with this compensation in divorce...
What are commingled assets?
You own your own assets before marriage. So does your future spouse. It does not matter how long you’ve been together. Those are your separate assets. If you get married and you mix those assets together, this is known as commingling them. Doing so may mean that your...
Dividing the household goods with your ex? Be smart about it
Marriage is about love, but divorce is all business. In particular, you have to get down to the “nuts and bolts” of dividing up the marital property. When it comes to big things -- like real estate, vehicles and investments -- you may need to negotiate with your ex to...
Separating property: Here’s what you should consider
One of the most important things to do during your divorce is to show which of your assets are marital and which are separate. Initially, you should sit down and list out all of your property and debts. Once you have a list of your assets, take a look and see which...
Don’t forget your artwork when dividing property in a divorce
One of the biggest bones of contention in any divorce can be how to divide your property. Colorado law uses the concept of equitable division for marital property. If you can reach an agreement with your spouse about who keeps what, so much the better. Failing that,...
