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April 2014 Archives

Seahawks quarterback files for divorce

Colorado football fans probably don't care to be reminded of the 2014 Super Bowl, when the Denver Broncos were defeated by the Seattle Seahawks and their young quarterback, Russell Wilson. But this year has not been one of unalloyed happiness for Wilson. The Seahawks recently announced that Wilson has filed for divorce from his wife.

Finding hidden wealth in a high asset divorce

Some spouses, anticipating a divorce, will try to hide assets. Unfortunately this is just as true in Colorado as anywhere else. When a spouse owns a business, the opportunities to hide income or assets multiply. A spouse who suspects the other spouse of hiding assets will have to engage in some detective work to find the hidden wealth. A recent article in an out-of-state business journal gives an overview of some of the places to look.

Divorcing lobbyists dispute asset division

When a high-profile Colorado couple divorces, they can sometimes keep the details private. In the nation's capital, that's more difficult. In the case of a Washington, D.C. couple who both built successful lobbying practices, their high asset divorce has played out in national news media.

The importance of fighting for a fair property division

Boulder County residents who've been through a divorce know that it can be an exhausting experience. Among the most stressful parts of the process is the division of assets. In many cases the property division is negotiated, sometimes during a long and grueling mediation session. It can be tempting to cave in and give the other party what they want just to get the process over with. That may cause a feeling of relief in the short run, but the negative financial consequences can last for years.

Gwyneth Paltrow and Chris Martin headed for a high asset divorce

Colorado readers of this blog may have heard that Coldplay singer Chris Martin and actress Gwyneth Paltrow recently announced that they plan to divorce. The couple have been married for 10 years and have two children.