You and your spouse have worked hard throughout your lives to acquire significant wealth. Now that you have decided to end your marriage, knowing you are likely to have enough resources to live comfortably should put your mind at ease. Still, having considerable wealth may make your divorce more contentious. To ensure your divorce goes…
Colorado is an equitable distribution state. According to Colorado Legislature 14-10-113, the courts attempt to divide marital property according to various relevant factors, not including marital misconduct. One of the factors that courts consider is the contribution of each spouse to the marital property. If a spouse has any involvement with a property that the…
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…
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