There is no getting around the fact that ending a marriage can be a difficult and painful process. The spouse who makes the decision to divorce often does so after a great deal of soul-searching. The other spouse may be surprised and saddened by the decision, or may...
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Stevie Wonder to pay $25,000 a month in child support
In this blog we occasionally discuss celebrity divorce stories, on the theory that what celebrities go through in the divorce process is not that different from the experiences of ordinary Colorado citizens dealing with the end of a marriage. The difference, of...
What constitutes dissipation of marital property?
In Colorado, family court judges divide a divorcing couple's marital property on an equitable basis. Generally, any assets either spouse acquired during the marriage are considered marital property, except those acquired through gift or inheritance. But what if one...
Parents should understand their rights regarding child support
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...
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...
Frozen embryos: the new frontier in property division?
As this blog has discussed a number of times, property division can be an emotionally charged part of any Colorado divorce. Dividing the assets acquired over years of marriage can be a difficult and distressing task. Now some courts are wrestling with a new kind of...
Divorce can have health benefits
Many people in Colorado probably assume that divorced people are more likely to have poor health in their later years. Research studies have supported the conclusion that those who never marry do have a higher risk of poor health. But a new study shows that the health...
