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April 2018 Archives

Relocation with a child may be allowed in certain circumstances

It is not unusual for a person in Colorado to move to a new home. Sometimes a person gets a new job in another city. Other times a person might want to move to an area with a lower cost of living, a better commute or to be closer to family. However, if a person is a parent, is no longer in a relationship with their child's other parent and wants to move with the child, the current parenting plan will have to be modified if appropriate.

Being in the dark about finances could be an issue in a divorce

Every married couple in Colorado handles finances differently. Sometimes both partners share in the financial decision-making and have an equal understanding of the state of their marital finances. However, some couples delegate such duties to one partner only. While this may seem practical, it does leave the other partner in the dark when it comes to their marital finances, which could become an issue should the couple later divorce.

Why to seek legal assistance in a high-asset divorce

Couples going through a wealthy divorce in Colorado may face issues that other divorcing couples do not. For example, property division becomes more complex when a couple has significantly valuable assets, such as real estate, investments or a business. It may be necessary to have their assets professionally valued, especially if one party does not have much -- if any -- knowledge of the extent of their marital estate. In addition, sometimes it is necessary to employ forensic experts in a high-asset divorce, particularly if one spouse is trying to hide assets from the other spouse.

Effective parenting plans can be key to co-parenting post-divorce

When parents in Colorado divorce, it can be a difficult time not just for them but for their children as well. Sometimes parents will decide that, despite the fact that their marriage has become untenable, they still want to raise their child together in an optimal environment. Therefore, they may choose to develop a parenting plan that allows them to co-parent their children post-divorce. However, there are certain things parents who wish to pursue co-parenting should keep in mind so that the arrangement is successful.

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