Couples who are working through divorce in Colorado and who also have 401(k) accounts may be surprised to learn that their spouses may be entitled to a percentage of the account balance. The portion of 401(k) accounts that accrued during the marriage are considered to be marital property subject to equitable property division in divorce proceedings.
In Colorado, and everywhere else in the United States, businesses are based on contracts signed by those people or business entities involved. By signing the contract, signees agree to whatever is written in the contract. Failure to comply with the contract can result in disputes that often end in litigation. Contract disputes often arise when business partners fail to perform their duties or when employees, for example, fail to follow the rules and regulations written in their contracts.
A person cannot drive in Colorado without encountering a semi-truck. These big rigs are necessary in order to transport food and goods across our country. But, according to a recent news report, many of these trucks are unsafe to drive and can cause truck accidents.
Children in Colorado deserve to have all of their financial needs met, regardless of whether or not their parents are married. We work with mothers and fathers who are involved in legal disputes over child support payments. While keeping the best interests of children in the forefront, we work to help our clients secure a fair and appropriate child support arrangement.
Attentive driving and safe roads are important for all Colorado residents. So when an increase in the number of serious and fatal car accidents occurs on a roadway it can be cause for concern.
Business owners in Denver, Colorado, are aware that the business industry moves in unexpected ways. Some businesses merge to form new alliances or to further strengthen an already-established brand. There are also cases where business owners acquire new businesses by buying the majority of another company's stocks. When this happens, a new company owner will emerge. Either way, mergers and acquisitions are governed by business laws. It is important for business owners to handle such cases properly to avoid losses.
In Colorado, the allocation of parental responsibilities in custody and visitation determinations is done based on the best interest of the child. Therefore, it is possible that a judge may change an order in the future as the needs of the child change or the circumstances of a parent change. For instance, if one parent is convicted of a crime or engages in child or spousal abuse, a judge may be inclined to change a custody order.
The sale of a business can be one of the most difficult phases for a business owner who has spent long hours and great effort building a successful business. However, sale of a business is sometimes the best option, especially for owners who can no longer provide the attention needed to keep the business thriving and who don't have a family member or friend to take over and continue the legacy they started. It is important to note that business sales and dissolutions do not happen overnight. The process takes time and great effort to complete.
In a Colorado divorce, marital property will be equitably divided between the two spouses. An equitable division is not necessarily equal. Rather, equitable division means that the division of property will be fair.
Most Denver residents will probably be attending a holiday party or event this season. Many times these holiday parties involve alcohol. When a person makes the decision to drive after drinking they are taking their lives, and the lives of others on the road, into their own hands.
Not every business runs smoothly, at least not all the time. Like owners elsewhere, businesspeople in Colorado often face challenges that can affect their businesses' long-term health. Contract disputes are one of the toughest because their resolution is often hard to forecast. To avoid this type of business dispute, business owners can follow a few guidelines.