Your business will likely become a focal point in the property division phase of your divorce. Before you sell the business or buy out your spouse’s interest, you must determine the value. Here are three common methods for accomplishing that task. 1. The market method Similar to the method your real estate agent might use…
Divvying assets may be one of the more complex elements of a divorce. Many people believe that a 50/50 split suffices; however, how can you determine a fair split? Not all assets have equal value and in High-Net worth cases, the couple may be surprised by the value of different items or properties. Understanding the…
Cryptocurrency is an encrypted digital form of money that generates value from transactions made through blockchain technology. Forbes reports that more than 5,000 types of digital currencies circulate among its users without a centralized government organization managing the transactions. If you believe your soon-to-be ex-spouse used your household’s income to buy crypto, you may include…
The market value of stocks held in an investment account opened during a marriage may divide fairly in divorce. If a spouse inherited a stock brokerage account or received it as a gift, however, it generally classifies as separate property, as noted by SmartAsset.com. Without proof of assets qualifying as a spouse’s separate property, the…
With the front range becoming exceedingly crowded in recent years, many Boulderites love to spend their weekends in high-country chalets or cabins. If you and your husband or wife own a second home in the mountains, though, the property may become a point of contention during your divorce. In Colorado, judges must apply principles of…
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