Sometimes the division of assets during a Colorado divorce is a straightforward matter; for instance, when spouses rent a home and have few assets, or own a single property and agree to sell their home and divide the proceeds. But how does the Colorado Court divide luxury assets?Under Colorado’s Uniform Marriage Act, R&RE, p. 1016,…

Divorce is often legally complex as well as an emotional strain. While the process may be straightforward for divorcing spouses who don’t own property and have few marital assets, it becomes increasingly challenging when spouses have more extensive financial portfolios, including when one or both spouses own businesses.  Although no one begins their marriage planning to divorce, sometimes life takes spouses on different paths, making divorce the inevitable conclusion. If you own a business, you’ve likely put your heart and…

Those who have business interests need to take special care during divorce. In addition to taking steps to better ensure operations continue with minimal impact from the divorce, they must also work to ensure they retain ownership after the divorce. This is possible. The business owner can retain ownership by giving up another asset of similar value. But what is the value of the business? This question has arguably never been harder to answer than it is right now. Businesses…

It may come as a surprise to learn that it’s possible to hire a private divorce judge in Colorado. Denver divorce cases are legally complex and often highly emotional. While nothing can alleviate the distress of divorce, there are some potential benefits to hiring your own private judge rather than waiting for typical court proceedings. By keeping the case out of the public family court system until the final divorce decree, spouses often find significant advantages; however, there are also…

When you need to split up your property with your ex in a divorce, your objective should be a solution that is fair to you both. After all, that is the approach that the courts will take if you litigate the property division process. Colorado’s equitable distribution statute requires that the courts look at each spouse’s personal financial circumstances and their contributions to the marriage to determine what is fair and equitable for each of them at the end of…