Raising a child today is expensive. In addition to every day expenses like day care, clothes and groceries, there are expenses for health insurance, medical and dental care, school, sports and extracurricular activities. Colorado courts will always look to the best...
Exclusive Focus In Family Law for Over 10 Years
Month: September 2015
Understanding what child support payments cover
If you are involved in a divorce with children from the marriage, and for unwed parents who break up, you or the courts will first make a decision regarding the child's custody, then may award child support to one parent to aid in the upbringing of the child. Courts...
Divorce finalized for celebrity chef Giada De Laurentiis
Sometimes when the divorce of a high-profile couple is in the news, it can provide some lessons for Colorado spouses who are dealing with the end of their own marriages. A case in point is the divorce of Food Network chef Giada De Laurentiis and her husband, fashion...
What financial disclosures are required in a Colorado divorce?
Under Colorado law, each party to a divorce proceeding is required to provide extensive financial disclosures to the other party. These disclosures must be made early in the process, and without waiting for a formal discovery request from the other side. The court...
Divorce can trigger capital gains taxes
For Colorado couples with significant wealth, divorce can result in some unwanted financial consequences. One of these is the income tax on capital gains, levied by the IRS on the appreciation in value of assets between the time they are bought and the time they are...