Child support in Colorado can be one of the most complicated and contentious issues that a divorced couple can face. The best interests of the child should be paramount, but personal and financial issues will sometimes get in the way of adhering to the order to meet the child's financial needs. Some will engage in a long-term child support dispute. Others will simply not pay and there will be legal issues for a failure to pay child support.
Divorce is a difficult enough prospect for Coloradans without career and financial factors entering the mix. However, this is unavoidable with a significant number of cases. This can be a high asset divorce or a divorce of more modest means, but when it is a high-profile couple, there are considerations that must be factored in along with the basics of property division, spousal support, child support and more. Having legal assistance is one of the key factors to having all the necessary information and achieving a successful result.
While Colorado divorces will often have a series of issues that can be difficult to negotiate, such as child custody, visitation rights, child support, spousal support and more, property division can also be a problem. For people who are trying to not just get beyond complex property division but are also trying to deal with debt division, it can grow contentious and result in extended disagreements that can slow the process to a crawl. Understanding how to divide debts is one of the key factors to a successful resolution.
Finances are often at the center of a Colorado high asset divorce. While that will often make for a contentious back and forth between the parties, the law can be taken for granted as a secondary issue. Now, with changes to the U.S. tax law set to go into effect at the start of the new year, those who have significant assets could have their circumstances impacted by the new law. With that, it is imperative to grasp how they can be affected and if there is anything that can be done about it. Having legal assistance is critical toward this end.
There are several issues that will come to the forefront in a Colorado divorce. Property division is one. When there is a public employee retirement benefit plan, there are certain rules that must be in place for it to be divided via written agreement. Both the spouse who has the job with the retirement account and the spouse who did not should understand this and act accordingly.