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Dividing Property in a Colorado Divorce

One of the reasons why divorce is so complicated is because spouses have to determine how to divide their assets and debts. By assets, we’re referring to all income, cash and property acquired during the course of the marriage, such as 401(k) accounts, family homes, automobiles, life insurance policies, etc. If you are headed for divorce, the thought of severing your financial ties may seem daunting, and it can be, which is why it’s so important that...

Who Gets Custody Of Rover?

People who have never had pets may not truly get how deeply pet lovers love their pets. These pets are members of the family. Their toys take over the living room as much as a child’s toys do. They get gifts for the holidays. Some even get their own rooms. Famous designers have created lines of pet accessories. There is pet insurance and there are even pet psychics. There are also pet custody battles. And...

Australian Women “Cried Ghost” to Sway the Court in a Divorce Settlement

A 52-year-old woman in Southern Australia who wanted to keep her house in a divorce settlement told her lawyer, a property evaluator and a Judge, that a ghost was haunting the marital home. Apparently this woman thought that if she could convince the Judge and the evaluator that the house was haunted, then the property value would go down, in turn making the house value low enough so that she could keep it. Unfortunately for the woman,...

Hiding Assets During A Divorce: Never The Right Strategy

A survey conducted by the National Endowment for Financial Education found that approximately one third of U.S. couples with combined assets were dishonest about money. This includes lying about debt as well as money earned. The survey also found that 58% have hidden cash and 54% have hidden a minor purchase. Such deception can be harmful in a relationship. But it’s downright illegal during a divorce proceeding. When couples divorce, they must fully disclose all assets,...

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