Shared or joint financial accounts opened during a marriage generally belong to both spouses. As noted by Bankrate.com, before withdrawing your portion, a divorce may require you to include joint accounts with your marital property. During a Colorado divorce, your assets become part of your marital estate unless you have a prenuptial agreement. The court…
When leaving assets to children and grandchildren, you can rest easy knowing you can continue to care for them after you are gone. For people with considerable wealth, leaving assets to beneficiaries also come with some very real concerns about taxes. According to Kiplinger, a dynasty trust can overcome numerous tax issues and ensure your…
You know that you need to divorce your spouse, but you do not want a big fight. As a couple, you and your spouse have a high net worth. Does that mean your divorce will be more contentious? Not necessarily. According to Insider, it depends on how much you and your spouse are worth. If…
For many couples in the Boulder area, divorce will be both stressful and expensive. However, it does not necessarily have to be either of those things. A couple considering the dissolution of their marriage ultimately has control over how much conflict that process involves. Litigated divorces do still occur and are an option for couples…
One common theme with High-Net worth divorces is that couples often settle out of court. This means the couple works together to create their divorce agreement without needing a judge to make any rulings. According to Insider, one of the reasons this may happen is the attitude of the court in High-Net worth divorce cases….
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