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Protecting Your Credit in a Divorce

Most adults have heard horror stories from people who claim that their divorce ruined their credit. While many of these stories are true, it doesn’t mean it has to happen to you. If you’re on the brink of ending your marriage, don’t let money matters take a backseat while you’re navigating the divorce. Here are our tips for safeguarding your credit during a divorce: 1. Close joint accounts. Joint accounts are those that are in both spouses’ names....

Taxes & Divorce: What You Need to Know

Divorce is a highly-involved process; it addresses child custody, child support, property and debt division, and selling or dividing marital assets, such as the family home and vacation properties. If you’re getting a divorce, you have a lot of things to take care of. Taxes may not be one of your main concerns, but that doesn’t mean they should be ignored during the divorce process. When you get a divorce, it affects your taxes in more ways than...

Parental Relocations: What You Need to Know

After a couple divorces, circumstances are going to change – it’s inevitable. Often, such changes include a remarriage, a new house, new schools, new friends, new jobs, and even a relocation. Sometimes, the custodial parent (the parent who has the children most of the time and receives child support) wants to move to another county or another state, and this can have a significant impact on the existing child custody arrangement. If a custodial parent wishes to relocate, the...

Can Taking Antidepressants Hurt My Child Custody Case?

If you are in an unhappy marriage, perhaps aspects of the relationship have caused you to feel angry, hopeless, or even depressed. It is not uncommon for people in hollow marriages to experience situational depression, or in more chronic cases, feelings of sadness may progress into full-blown clinical depression. According to the National Institute of Mental Health, “Depression (major depressive disorder or clinical depression) is a common but serious mood disorder.” If you’ve experienced depression personally,...

Legal Separation vs. Divorce in Colorado

Legal Separation in Colorado A lot of divorcing spouses will casually say, “We are legally separated,” but that is not the case. In reality, the married couple either split up and are living apart (or in separate bedrooms), or one of them hired an attorney, who filed the divorce papers in court. Living apart or filing for divorce is NOT the same as a “legal separation” under Colorado law. In Colorado, married couples who no...

Should a Parent Move Out Before the Divorce is Final?

Often, when a married couple decides to divorce, it can be extremely difficult for the spouses to live under the same roof. It’s not uncommon for such couples to argue constantly, and for there to be a lot of strain when the spouses are together in the same room. Sometimes, living together is so unbearable, the couple feels it would be best if one of the spouses moves out. If the couple does not have...

Financial Advice for Divorcing Spouses

If you’re considering divorce, you’re likely worried about how it will impact your finances. Whether you’re in a high-net-worth marriage, you and your spouse work full-time, or only one of you works, your financial situation is certainly going to change. For some spouses, divorce changes their lifestyle more than others – every couple’s situation is different. There is consolation though: when people are in unsatisfying, unhappy, or hollow marriages, they usually feel that the divorce process, no...

Does Adultery Affect Alimony in Colorado?

Alimony in Colorado In Colorado, alimony or spousal support is technically called “spousal maintenance.” This refers to the money a higher-earning spouse pays to the lower-earning spouse during and after their divorce. The purpose behind spousal maintenance is to ensure the lower-earning spouse does not end up penniless because of the divorce. Beyond that, the goal is for both spouses to continue enjoying the same quality of living they enjoyed during marriage. Colorado Divorce Law About Adultery Since...

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