A marriage is often expected to provide a framework for two people to work together in order to achieve a comfortable standard of living. When a divorce becomes reality, couples may find themselves struggling to maintain the lifestyle they once enjoyed. That makes it even more important for a Colorado spouse to take a thorough assessment of what assets may be subject to division.
Property division and divorce in Colorado
Every state has its own approach when writing its laws concerning the dissolution of marriage and the division of assets between the spouses. When it comes to divorce and the ensuing property division, a state is either a community property or equitable distribution state, with most falling into the equitable distribution category. Colorado is an equitable distribution state.
There are key financial considerations in a military divorce
Choosing to serve one's country through military service is not a decision to be taken lightly. The same decision process applies when a marriage is entered into or when that same relationship is no longer viable. Though a military divorce in Colorado is not radically different from a civilian dissolution, there are some key differences.
The high cost of a DUI conviction in Colorado
If you face a driving under the influence charge in Colorado, you can expect the penalties associated with a conviction to vary based on factors such as whether it is your first offense, among others. Even first-time offenders face considerable penalties, however, and the Colorado Department of Transportation reports that the average cost of a first-time DUI conviction now tops $10,000.
Getting help when domestic violence is part of the picture
Relationships are often difficult enough, especially when they are nearing the end. As a result of the elevated stress and emotional levels, the threat of domestic violence will sometimes become a factor. Colorado families do not have to face these situations on their own.
Do you have a good exit plan for leaving your spouse?
If you can see the writing on the wall and know without a doubt that your marriage is about to end, you need to consider your options. You could let the situation become tense, stressful and chaotic, or you could put together a sound exit plan that becomes operational when the time comes to broach the subject of divorce.
