Colorado couples may be interested in an article looking at how property division works with a home owned by both former spouses. When one party keeps the home, the other party should take steps to ensure that they are no longer financially responsible for it.
Divorce is an unpleasant process that can wreak havoc on personal finances and tax emotions to the breaking point. The divorce process can last many months, and sometimes more than a year. Almost no one enters a marriage planning to get a divorce, but the pressures and stresses of modern life seem to persist in keeping the divorce rate high.
Divorce can quickly become one of the most expensive transactions of a Colorado resident's life. While many divorce cases involve two people who dispute every item of the future divorce decree, individuals can take steps to minimize expenses related to divorce so that both spouses can walk away with less financial trauma.