Divorce is a stressful enough experience. Going through a full-blown trial in front of a judge can multiply that stress exponentially. Fortunately, most divorcing couples in Colorado don't need to go to trial.
A few months ago this blog divorce commented on a decline in the national divorce rate that has been ongoing for about three decades. Now a recent analysis of health records and court filings by Colorado Public Radio confirms that Colorado's divorce rate is also falling, and college education may have a lot to do with it.
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.
Colorado couples who have divorced after a long marriage know how difficult the process can be. When the couple has accumulated a lot of assets, it can be even more complicated. Recently a high-profile couple in the movie business finalized their divorce after being married for 23 years. Fortunately for them, they were able to reach a settlement of their differences.
Colorado couples with significant assets should exercise great care in liquidating assets in a divorce. There are many factors to consider, including fair asset valuation and tax consequences.
When Colorado couples decide to divorce, it is best to make every effort to be civil and deal with the other side respectfully and fairly. Acrimonious divorces are expensive, time-consuming and ultimately destructive to families.
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.
Colorado residents who are old enough to remember the 1970s probably also remember The Captain and Tennille. The married music duo had several hit records in that decade, including "Muskrat Love" and "Love Will Keep Us Together." But apparently love wasn't enough to keep the couple's marriage together; recently they announced they are getting a divorce after being married for 39 years.
Colorado readers who've been through a divorce know how stressful it can be. One New York woman, who says she was jilted by her husband of 34 years in favor of a younger woman, found a novel way to deal with the heartache: she put together a musical about the experience and put it into production.
Colorado baseball fans probably remember outfielder Gabe Kapler, who played for the Rockies in the 2002-03 seasons. Kapler went on to play for several other teams, including the Red Sox, and joined a select group when he was one of the nine Red Sox on the field when the team won its first World Series in 86 years, in 2004. Kapler retired as a player in 2011 and is currently an analyst for a TV sports network. Recently he was in the news again-it is reported that he has filed for divorce from his wife, Lisa Kapler, after 14 years of marriage. The Kaplers have two minor children. He has requested joint custody.