A stay-at-home spouse often has complete dependence upon their partner for financial support. When the source of income is a family business, both spouses may play roles in the company, but only one might have a working knowledge of what's going on with the finances. This can work well as long as the marriage is on a good foundation, but it can pose a problem if things shift and the marriage becomes rocky.
Know this point about divorcing with a family-run business
How to get through a divorce during financial struggles
The decision to file for a divorce is likely to be an emotional one rather than a financial one. Therefore, even if you are not sure that you can afford to go through a divorce or if you are uncertain about how it will affect you financially, you may decide to file anyway. Alternatively, you may have decided to file for a divorce before losing your job and entering a tough financial situation.
A settlement offer is made: Should you take it?
You were driving home when you saw an unusual flicker in the corner of your eye. By the time you looked over to see what it was, the headlights of the vehicle were colliding with your passenger-side door. You didn't have time to do anything to prepare for the crash.
Can I Modify my Maintenance?
Eight Ciancio Ciancio Brown Attorneys Honored
Denver, CO (March 23, 2020) - Eight Ciancio Ciancio Brown, P.C. (CCB) attorneys were recognized by their peers for their professional achievement. Four CCB attorneys have been honored as 2020 Super Lawyers and an additional four as 2020 Rising Stars.
What to do with the family home in a Colorado divorce
The home is often the center of family life. It is often where holidays are celebrated, the kids learn to ride their bikes and memories are made. It also represents a significant financial investment for a Colorado couple. As a result, when couples decide to divorce, what to do about the home often becomes a complicated issue.
Divorcing with a child: How early is too early?
You've always been close with your spouse, so when you found out that they had been sleeping with someone else, you were furious. It was like your friendship and marriage were shattered at the same time.
Life insurance is important to consider during divorce process
Going through the marital break-up process can present financial challenges just as it can pose emotional challenges. One financial matter that divorcing individuals in Colorado often forget to address is how to handle life insurance. Here is a look at how an attorney can help with tackling life insurance policies during the divorce process.
Understand how business income might impact divorce
A stay-at-home spouse counts on their spouse to pay the bills and provide the income. This sometimes comes in the form of a family-run business, but it isn't usually an issue as long as the marriage is a happy one.
DUI laws matter: Here's how Colorado ranks
It's always interesting to hear how your state ranks in laws for drivers. In this case, there is a lot of information about how Colorado ranks in terms of having the strictest DUI laws in the U.S. It may not be surprising to you, but the state does not have strict DUI laws compared to some other places.