As a stay-at-home parent who looks after your children, financial concerns will likely dominate your worries about divorce. What will you do after the split, when you can no longer rely on a two-income household to support your current lifestyle? Fortunately, you might have an entitlement to not only a share of marital assets, but…
As a business owner, there are multiple reasons why you could have an especially challenging time during the divorce process, especially if you have kids. Entrepreneurs and business owners sometimes find themselves in the middle of a divorce because of the demands associated with launching and growing a successful firm (such as high levels of…
A divorce has a lot of moving parts to it, even after you set aside the emotional hardships involved. For example, settling the separation of marital property is just one of the many things you will need to determine. A judge presiding over your case will often determine the division in marital property, deciding based…
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…
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