July 2024

Can Separate Property Become Marital Property in Colorado Law?

Can Separate Property Become Marital Property in Colorado Law? As we have discussed before, the classification of property as either marital or separate is an immensely important determination. In Colorado divorces, when dividing property, one spouse typically keeps their separate property, while marital property is divided according to preestablished principles. One question we haven’t tackled

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What is Colorado’s Stance on ‘De Facto’ Parents?

What is Colorado’s Stance on ‘De Facto’ Parents? What is Colorado’s Stance on ‘De Facto’ Parents? Colorado family law terminology can seem unusual to laypeople. One such term is ‘de facto parent.’ A de facto parent is not the biological parent but may attain official parental status under the law. Individuals may petition the court

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Why We Charge

At The Drake Law Firm, we understand that seeking legal counsel, especially in sensitive matters, marks a pivotal moment in your life. It’s a time filled with uncertainties and crucial decisions. This is precisely why we choose to implement a fee for our initial consultations. By doing so, we assure that our time together is profoundly valued and

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Fraud, Duress, Coercion & Unconscionability in Colorado Prenups

Fraud, Duress, Coercion & Unconscionability in Colorado Prenups Prenuptial Agreements are Similar to Regular Contracts Prenuptial agreements – commonly referred to as “prenups” both among laypeople and legal professionals – are contracts that predetermine certain outcomes in the event of divorce among people who plan to marry. Prenuptial agreements can predetermine multiple things in the

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The Methods of Business Valuation in a Colorado Divorce

Businesses May Be Divided in a Colorado Dissolution   The methods of business valuation in a Colorado divorce. Like other assets – stocks, bonds, cash or cash equivalents, real estate, etc. – a business entity may be classified as marital property and, as such property, may be subject to division under Colorado’s principle of equitable

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