An inheritance can provide additional financial resources and signify love and affection from a relative or loved one. If you are going through a divorce, you rightfully want to protect your inheritance from being taken by someone it was not intended for. It’s crucial you understand how to protect your inheritance during divorce. An experienced…
A 401(k) retirement savings plan is one of the best employer-sponsored retirement plans that can help you save for your later years. However, 401(k) retirement accounts may be subject to division during divorce. It’s critical that you understand what might happen to your 401(k) during your divorce. How Does Marital Property Work With a 401K…
The most valuable asset that many married couples in Colorado have is their home. In some situations, a divorcing couple decides it’s in their best interest for one spouse to buy out the other spouse’s share in the home. Different methods exist to buy out a spouse, but determining the property’s value is the first…
Some types of property are relatively easy to divide. Spouses may agree about their value and how to divide it fairly, or the property can be sold and the proceeds split evenly between them. However, other types of property, including intellectual property, are more difficult to value and divide. Intellectual property represents creative work, and…
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