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November 2019 Archives

The five largest divorces of all-time

Divorce is not usually an enjoyable event for anyone. It is hard enough when there are only a few assets that hold minimal value. Imagine navigating your way through when there are billions of dollars worth of assets to be agreed upon and distributed. That was exactly the case in the world's five largest divorces of all-time. Between pricey artwork, business assets, stocks, multi-million dollar real estate and all the billionaire toys, there was no shortage of issues for these spouses to hammer out.

With children, property division becomes more complex

Dividing property is a big part of divorce, but when you have kids, it can become even trickier. You want to make sure that you have the right items in your home for them and that you have what you need to provide for them. That can make dividing your assets tricky, since there are two households to consider.

The different types of child custody

Most people have heard of differing types of child custody being awarded. As a matter of fact, some parties choose to throw words such as "sole custody" and "joint custody" around as threats to an ex-spouse. But, do you really know what they mean in a legal sense? Parents in the middle of a nasty divorce or child custody battle often operate with emotions running high. Therefore, it is sometimes difficult to reasonably determine which type of custody will be in the best interests of the children. Here, we define several options.

The impact of divorce on retirement plans

Imagine that you work hard for the majority of your life, steadily building a retirement fund that will allow you to travel and enjoy your elder years without financial concerns. You also spent those years married to the person you thought you would be with forever. Raising a family, buying and selling real estate, taking vacations and making memories together for 30 years. Then, suddenly, it all falls apart. Your spouse of 30 years tells you they want a divorce. Just like that, you are in danger of losing half of the retirement funds you worked so many years to save.

What are acceptable grounds for a divorce in Colorado?

There seems to be a common misconception by spouses across the nation that divorce papers will "tell the story." However, this could not be further from the truth. As a matter of fact, it is quite the opposite. A divorce complaint is comprised of standard language. While there was a time when a filer could be specific when stating the grounds for a divorce request, such is no longer the case.

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