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May 21, 2022 | Divorce, Firm News

Should you wait to file your QDRO?

One of the biggest fears many divorcing couples of later age hold involves retirement accounts. This is especially true in situations where one spouse has a retirement account and the other does not. It is possible under state law to claim some of the account, but how does one know if they will have enough…

May 6, 2022 | Asset Division, Firm News

What is cryptocurrency and may it divide with divorce?

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…

April 23, 2022 | Asset Division, Divorce, Firm News

How divorce may affect a stock brokerage account

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…

April 9, 2022 | Asset Division, Divorce, Firm News

When you divorce, what happens to your cabin getaway?

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…

March 28, 2022 | Divorce, Firm News

How may divorce affect my tax liability now and in the future?

A divorce that requires selling property may include paying capital gains taxes on the sales proceeds. If you purchased real estate, it could belong to both spouses under Colorado’s equitable distribution statutes. Selling property generally requires dividing its net proceeds fairly. Marital liabilities also divide based on fairness, but may not require splitting a tax…

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