A high asset divorce can be particularly challenging, especially for a spouse who does not have as much income as their partner. For a spouse in this situation, divorce can bring the fear of a significant drop from the lifestyle they enjoyed during the marriage. In...
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Same sex-marriage becomes legal statewide in Colorado
Many readers of this blog may be aware of the October 6 action by the United States Supreme Court, which effectively legalized same-sex marriage in Colorado. The high court declined to hear several appeals of decisions ruling same-sex marriage bans unconstitutional....
What can I do if I am unable to make my child support payments?
Child support obligations in Colorado are based on presumptive guidelines which take into account each parent's gross monthly income. Sometimes, however, a change in circumstances such as job loss or serious illness makes it impossible for a parent to keep up with the...
Colorado residency requirements for divorce
Like other states, Colorado requires a minimum period of residency in the state before you can file for divorce here. States impose these requirements to prevent parties from shopping around for the state that has the most advantageous laws for them, and then filing...
Billionaire defends prenup in high asset divorce
In a high asset divorce, the enforceability of a prenuptial or postnuptial agreement is often a critical issue. It has become an issue recently in the divorce of one high-profile couple, billionaire hedge fund manager Kenneth C. Griffin and his wife. Colorado readers...
Setting child support in Colorado
In Colorado, a parent's legal obligation to provide financial support for their children does not end with divorce. Noncustodial parents will generally be ordered by the court to make a monthly child support payment to help cover the costs of raising a child. In...
What do Colorado courts consider when dividing marital property?
Ending a marriage in Colorado can require tying up many loose ends. Support plans must be finalized for children and former spouses. Paperwork must be filed to effectuate the divorce. Additionally, the many articles of personal and real property that individuals own...
Declaring financial independence after a divorce
Colorado readers who have been through a divorce don't need to be told it's a stressful experience. One of the worst stressors is the fear for one's financial future. Divorce means declaring independence and making a fresh start financially. It can be scary, but by...
How is spousal maintenance calculated in Colorado?
Although two-income marriages are probably the norm nowadays, there are still many marriages in which one spouse stays at home to care for children, or in which the spouses both work but one earns significantly more than the other. Because spouse's finances are...
Filing for divorce in Colorado
Getting divorced is never easy. When children are involved emotions can run high. For high-income couples, the emotional stress may be compounded by the complexity of the asset division process. Colorado is a no-fault divorce state. That means you don't need to allege...
