The process of getting divorced can understandably be a trying experience emotionally. However, divorce can also be difficult to navigate financially. Here is a glimpse at how financial matters are generally handled during the divorce process in Colorado.
Process of divorce can be challenging to navigate financially
Certain moves can make divorce a more positive experience
The process of marital dissolution can no doubt take a mental toll on those going through it. However, divorcing individuals in Colorado can take steps to protect their and their families' mental well-being during this life-altering process. Here are a couple of important moves for making a divorce proceeding as positive of an experience as possible.
Tips might help couple to complete divorce more painlessly
Going through a marital dissolution can no doubt be mentally and emotionally challenging. However, it can also be financially difficult to navigate. Fortunately, a couple of tips may help divorcing individuals in Colorado to make the divorce process as painless and quick as possible.
Research shows divorce can affect mental, physical health
The process of getting divorced in Colorado can no doubt be difficult to handle from a financial standpoint. However, it can be just as challenging on a mental and physical level. In fact, recent research shows that people's mental and physical health will likely take a major hit during the months following the divorce process.
Splitting retirement accounts can be tough during divorce
One of the most challenging aspects of the marital dissolution process is figuring out how to disentangle assets. This is especially true for those who have retirement accounts, as it is not uncommon for people to make mistakes when splitting these types of assets. Here are a couple of important tips for dividing retirement assets during a divorce proceeding in Colorado.
Tips may help to make co-parenting process easier during holidays
Getting divorced is never an easy process in Colorado. This is particularly true for individuals who have young children, and it is especially the case during the holidays. Fortunately, a couple of tips may help parents who have gone through divorce to make the co-parenting process work for them this holiday season.
Tips may make navigating divorce issues easier
When two individuals decide to get divorced, the process can no doubt feel like an emotional roller coaster. However, it can be just as life-altering on a financial level. Fortunately, some tips may help individuals who are going through a divorce to make the most of this process in Colorado.
How Colorado's Vote on Family Leave Could Impact Family Law
In the United States, very few states offer paid family leave to their workers. Colorado may become the ninth state to make this an entitlement for workers, depending on the outcome of an upcoming election. If passed, paid leave would be provided for childbirth and family medical emergencies. The details within this legislation could impact certain family law issues, such as child custody, support and related issues.
Lack of Quality Time Might Spur Divorce
When two people choose to get divorced, they may find it difficult to believe that they have ended up in such a situation. However, divorce in Colorado generally does not happen overnight. In some situations, divorce happens simply because two spouses stopped spending quality time together.
Financial Analyst May Help During Divorce Process
The process of going through a marital dissolution in Colorado can understandably feel unsettling from the start. In fact, divorce can be emotionally draining even in what appears to be a relatively amicable divorce. Unfortunately, making momentous financial decisions can be difficult when one is trying to juggle the emotional challenges of divorce as well. For this reason, hiring a Certified Divorce Financial Analyst, or CDFA, is a wise move prior to getting a divorce.
