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Category: Property Division

Don’t forget your artwork when dividing property in a divorce

August 14, 2020

Firm News, Property Division

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, if you need to go to court, a…

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Different ways to divide the family home during divorce

July 28, 2020

Firm News, Property Division

Dividing the family home during divorce can be overwhelming. It can be helpful for couples who have made the decision to divorce and are facing property division concerns, including the family home, to be familiar with the different options for dividing a family home. There are different ways a family home can be addressed during…

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What is equitable in the eyes of the family court may not be even

June 4, 2020

Firm News, Property Division

When you get divorced in Colorado, you will have to split up your assets, debts and parental rights and responsibilities. Some couples can complete the process quickly and easily because they have a prenuptial or postnuptial agreement that outlines how they want to divide parenting time and their property. It’s also possible for couples to…

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What factors may courts consider in the property division process?

May 27, 2020

Firm News, Property Division

When a couple in Colorado decides to end their marriage, one topic that may weigh heavy on their mind is how to divide their property. After all, oftentimes marital assets such as the family house, automobiles, investments and more are some of the most valuable pieces of property a couple owns. It is understandable that…

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What will happen to my 401(k) in a divorce?

April 6, 2020

Firm News, Property Division

Other than one’s house, a resident of the Denver area may have most of her wealth wrapped up in a 401(k) or other type of retirement plan. These are very popular benefits which employers in the private sector frequently offer to their employees.These plans help Coloradans save on taxes while also building up savings for…

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The basics of property division in Colorado

March 3, 2020

Firm News, Property Division

Those couples undergoing a divorce or legal separation in Colorado will have to divide up the property between them. Like most other states, Colorado is what is called an equitable division state. This means that, assuming the couple cannot work out an agreement themselves, a judge is supposed to divide up the marital property fairly….

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Equitable property division in Colorado

January 27, 2020

Firm News, Property Division

Equitable property division is the method of property division used in Colorado when a couple divorces. Equitable property division means that property will be fairly divided between the divorcing couple which does not necessarily mean that it will be equally divided on a 50-50 basis. The type of property impacts whether or not it will…

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Prenups and other ways to safeguard finances in case of divorce

July 1, 2019

Firm News, Property Division

Some people may assume that if they keep their marital finances separate, a court will not require them to split any of that property in case of divorce. In an equitable division state like Colorado, the assets that individuals earn may be considered their own separate property, but people should not count on this being…

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The pros and cons of keeping the house after a divorce

January 2, 2019

Firm News, Property Division

Colorado residents going through a divorce have likely seen firsthand how difficult it can be to separate two lives that have been together for a period of time. The biggest challenge that they may face is dividing their assets. This is especially challenging if they have a co-owned house. On the surface, it may seem…

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Avoiding mistakes with a 401(k) transfer

December 5, 2018

Firm News, Property Division

According to a 2016 American Academy of Matrimonial Lawyers survey, retirement accounts were among the assets fought over the most in a divorce. For those in Colorado and elsewhere who are splitting a 401(k) in a divorce, it is important to do so correctly. Otherwise, a taxable event may occur, which could reduce the value…

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