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September 2017 Archives

October is domestic violence awareness month to support victims

The majority of families in Colorado live in warm, nurturing environments where the members provide support for one another. Unfortunately, there are also families who experience the trauma of domestic violence in many different forms. In an effort to draw attention to this serious social issue, October has been designated as an awareness month.

Financial planning especially beneficial during divorce

Every day, hundreds of couples spend time, money and energy planning the perfect wedding. There may be far fewer couples who have a back up financial plan in the event a divorce becomes a reality. However, in light of the fact that many marriages do not survive, Colorado residents may benefit from having an idea of what they would need financially should they become single in the future.

Study results suggest shared child custody is best for kids

Colorado families who are preparing for a divorce may be struggling to determine how their children will fare best. While it used to be the norm to grant sole child custody to the mother, that norm no longer seems to apply across the board. Instead, states across the country are stating to take a hard look at shared parenting.

Supreme Court ruling changes aspect of asset division in divorce

In 1982, the Uniformed Services Former Spouse Protection Act (USFSPA) determined how military retirement pay may be divided. However, with the United States Supreme Court ruling earlier this year, there are some military spouse organizations decrying the decision, as it purportedly can reduce a former spouse's income. The ruling now protects a veteran's disability income from division during or after a divorce. There are likely many Colorado families who may be directly impacted by this decision.

There are special considerations in a high asset divorce

The end of a marriage can be one of the major stresses in a person's life. While a divorce can be emotionally demanding in itself, attempting to determine how to divide considerable assets may only up the anxiety levels for some Colorado families. However, it may pay off in the long run if certain aspects are taken into consideration during the process.

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