As the holidays end and the new year dawns in Colorado, more couples may mark the occasion by filing for divorce. January is one of the most common months of the year for people to end their marriages, for a number of reasons. Parents with young children may wait until after the holidays are over to file, while other people want to make a new start along with the change of the year. The word "divorce" is even searched more frequently on Google in January, and many divorce lawyers report higher business along with the turn of the year.
Divorces are often more common in January
Why should spouses handle business finances together?
Business owners can often control the income range of the business. Aggressive marketing can pull in more money, while a pause in marketing could keep the revenue consistent. For most married couples who own a business, making sure that it is successful is a priority. But, this could change when one party decides that the marriage is over.
Beware of these property division mistakes in divorce
Preparing for divorce means preparing for property and debt division. As a result of your negotiations and compromise, as well as the other person's approach, you're not likely to get everything you want. However, when you understand your legal rights and the mistakes you need to avoid, it's much easier to come out the other side with a clear understanding of your situation and what the future will bring.
Improved technologies can present a safety risk
Many Colorado drivers are excited about the potential for increased safety presented by many newer vehicle technologies. Systems like adaptive cruise control and lane-keeping assist have developed out of the research into autonomous driving. They make it possible for cars to sense distance from those ahead and stay in their lanes. These technologies have significant potential to make the roadways safer, making accidents less likely. However, some road safety advocates warn that such promising technologies may actually increase the risk of dangerous collisions when they're used improperly.
Top causes of wintertime motor vehicle accidents
As a resident of Colorado, you don't have to wonder if you'll come face-to-face with inclement weather this winter season. You know that it will happen, it's just a matter of when.
How to financially plan for life after divorce
Colorado residents who are considering divorce should begin financially planning as soon as they consider the split. Planning financially ensures preparation for a healthy financial life post-divorce and might help residents ensure they get a fair settlement.
Entertainment mogul uses business settlement to pay child support
Child support is a common issue in dispute between parents who have parted ways as a couple. When the parties are well-known, wealthy or both, this can be a public disagreement. For those who are involved in businesses where vast sums of money changes hands, it can be linked to the child support concerns and other aspects of family law. Such was the case with the entertainment entrepreneur Dame Dash.
Use a parenting agreement to reduce future tension, arguments
When you decide to divorce, you know it will impact you, your ex and your children in a variety of ways. But rather than give in to this and hope for the best, you can create a parenting agreement that affords both parents the opportunity to have a clear understanding of their role, responsibilities and legal rights moving forward.
How to ask for a prenuptial agreement without causing a stir
Your wedding day is closing in and you've yet to discuss the potential of creating a prenuptial agreement. It's your hope to talk this out with your partner, but you have concerns about bringing your thoughts and feelings to light.
Prevent parenting time interference with clear expectations
Sharing custody or visitation rights with your child's other parent is almost always a difficult experience, even when everyone involved attempts to remain respectful of each other's needs and rights. The realities of sharing parenting time can flare tempers or bring out behavior that is simply not acceptable, especially when it comes to each parent's right to time with their child.
Peer pressure and drunk driving: It's a problem
There are people who drink and drive because it's what they want to do. There are also people who do this because of what's happening around them. Regardless of your age, peer pressure can make it difficult to say "no" to a drink, which can increase the risk of breaking the law.
Financial tips for women facing divorce
Divorce can lead to many financial challenges, and this is true for women in particular. Women already make less than men on average, and after a divorce, their incomes are more likely to drop than men's incomes, which often increase. At 27%, the poverty rate for divorced women is three times higher than it is for men. Women are also still awarded custody the majority of the time, and this can cause additional financial worries.
Divorce and retirement: Don't make a decision you'll regret
The divorce process requires you to review the finer details of your financial situation. From the money in your bank account to your family home to your retirement savings, any and all assets will come to light.
