For many couples in Colorado, the family home is their largest asset. Because of this, questions about how this asset will be divided during a divorce is one of their biggest concerns. This is especially true when only one spouse is listed on the mortgage and/or the title. As such, many going through a divorce in which their name is excluded from the mortgage of the family home or excluded from the title want an attorney to help them understand…
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. In some cases, the downfall of the…
Tax season might come with some moans and groans, and it’s no wonder with a confusing tax code and so many documents to gather, especially as most of us aren’t accountants or CPAs. But tax season can mean REFUND time! To be sure you’re taking advantage of any applicable credits or exemptions, work with your accountant, CPA, or a qualified tax expert; you can also find many tax filing resources, tools, or calculators to help you. Likewise, there are great…
There are several remedies to collect unpaid child support and maintenance whether it is for a period of a few months or several years. Depending on the circumstances you have several options available to you and either filing contempt of court or reducing unpaid support payments to a consolidated support judgement may be options for you. Each monthly support obligation becomes a judgment when due/owed and not paid each month. As the judgment is automatic by statute, you can file…
That’s not an easy question to answer based on age alone or based on a child’s emotional and mental development. And it’s also not that simple when it comes to the Colorado Courts with regards to custody and child support. Our “Uniform Dissolution of Marriage Act” does not even define “child.” In a recent case (In Re Marriage of Tibbetts, 428 P.3d 686 (Colo. 2018)), Colorado determined that a person under the age of eighteen years old is still a…
