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January 2016 Archives

Minding the details during the division of marital assets

Property division is one of the most impactful aspects of any divorce. In fact, for couples without minor children, the division of marital assets often takes more time to negotiate than any other issue. In order for Colorado spouses to reach a fair and equitable division of wealth, it is essential to understand the full range of marital assets.

Never rush through the division of marital assets

One of the biggest mistakes that divorcing spouses can make is trying to rush the process. In divorce, as in most areas of life, it is important to take the time to gather information and make informed decisions. While the urge to rush and just move on is understandable, the end result of that approach can be detrimental to one's financial health. Colorado spouses must be willing to put in the time and effort needed to address the division of marital assets, as well as other matters within their divorce.

State Supreme Court says couple can't undo their divorce

Many Colorado couples who go through a divorce are able to maintain a friendship after the ink has dried and the dust has settled. In some cases, divorced spouses rekindle their romantic relationship. A few will even remarry and give love a second chance. A far less common approach is asking the court that granted the divorce to essentially "undo" the process and reinstate the original marriage. One couple tried that approach, and recently lost at the level of their state's Supreme Court.

After divorce, many women head back into the workforce

The end of a marriage brings a number of changes, some of which are more welcome than others. For many in Colorado, divorce will bring about the need to return to work. This especially true for women, who have often set aside their own career path to care for their children and manage the household. For these women, re-entry into the workforce can be both an exciting and a daunting prospect.

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