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High Asset Divorce Archives

There are steps to take to financially survive a divorce

Oftentimes, when two people decide to marry, they have financial goals in mind that they envision accomplishing together. When those plans go awry due to a divorce, it may be a serious financial hardship for many. There are steps that Colorado families can take that may help shore up their monetary futures.

Ensuring you receive an equitable share during a Colorado divorce

The process of dissolving your marriage can take a toll on you both emotionally and financially. In the event of a divorce, ensuring that you receive an equitable share of the assets may feel like a difficult proposition. Even though Colorado divorce laws require a fair division of marital property, it may be subjective as to what equitable will mean to you.

Monetary considerations for older couples contemplating a divorce

In fairy tales, once upon a time typically leads to happily ever after. Real life rarely works out that way. In fact, many marriages do not last, including ones that have endured for decades. For any number reasons, some Colorado residents may be considering a later-in-life divorce.

Divorce among the wealthier can be long and difficult

In some areas of the country, marriages may be less likely to thrive, especially when one or the other experiences a significant rise in income. Marriage can be difficult under normal circumstances, but there seems to be a trend in one area of the country that sees many couples filing for divorce after they have achieved perceived success in their field. Colorado residents may be unaware that those who make a living in the technology fields may see more than their share of broken homes.

There are steps that can protect assets in case of a divorce

When a couple marries, they likely do not anticipate that the relationship may not survive. However, there are some steps that one can take to protect assets before a divorce takes a heavy toll on wealth. Taking steps to shelter wealth now can help Colorado residents avoid a financial hardship before vows are even exchanged.

Michelle Kwan, husband file for divorce

Marriage can be difficult under the best circumstances. Add in the pressures that can come from being a celebrity or having aspirations of a public office and it may come as no surprise when a couple files for divorce. Colorado families may be familiar with at least one of the parties in this latest petition for a marriage dissolution.

Signs your spouse might be concealing assets

No one takes that walk down the aisle with the idea that the marriage may someday self-destruct, but regrettably, it does happen. Feelings fade, distrust arises and any number of other circumstances can lead your marriage to start circling the drain. If your situation is particularly acrimonious, you may also start to get the feeling that your ex, or soon-to-be-ex, may be hiding assets ahead of an impending separation or divorce. There are a number of methods spouses commonly use to conceal assets from one another, and these methods may include:

Later in life divorce may require some extra planning

While some sources state that marriages among many age groups seem to be lasting longer, it may be surprising to learn that there is one demographic that has seen a rising change in marital status. The numbers of divorce filings for the over-50 demographic have actually increased significantly since 1990. There are some extra considerations that Colorado residents may benefit from if they find themselves divorcing later in life.

How is spousal maintenance determined in Colorado?

The results of a divorce depend on several factors, but the process itself is almost always stressful for all parties involved. It is not uncommon for one of the greatest sources of stress for people to come as a result of uncertainty regarding how they are going to provide for themselves once the marriage is dissolved.

Divorce and its possible effects on retirement

According to reports, divorce among those over the age of 50 has increased two-fold. As a result, retirement savings can be negatively impacted. There are steps that can be taken that may be useful to Colorado residents in this age demographic who are contemplating divorce.

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