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The Issue of Assets Held by Business Entities in Colorado Divorces

General Principles: Businesses Can Be Community Property The property division process is always made more complicated by the inclusion of a business. Things can become quite a bit more complicated when the business increases in value during the marriage, or when the value of the business fluctuates widely. But, even when the business itself is

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Should I Include Alimony as Part of My Prenuptial Agreement?

Alimony Remains an Important Family Law Issue Alimony – or “spousal maintenance” – is among the more controversial issues in the arena of family law, both in Colorado and throughout the country. Some contend that alimony is anachronistic and out of place in the modern era; others argue that alimony is often necessary to balance

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Tips to Ensure Your Prenuptial Agreement is Foolproof

Steps to Guarantee a Solid Prenuptial Agreement: Creating a prenuptial agreement isn’t just something advisable for the “super rich” or those with celebrity status. Prenuptial agreements are essentially a method to predetermine certain outcomes in the hypothetical possibility of divorce at some future point in time. In other words, they are a means to remove

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How is Cryptocurrency Handled in a Colorado Divorce?

How is Cryptocurrency Handled in a Colorado Divorce? Cryptocurrency is Not a “Special” Asset How is Cryptocurrency Handled in a Colorado Divorce? Cryptocurrencies – i.e. Bitcoin, Ethereum, etc. – continue to fascinate the public. Most adult Coloradoans know about cryptocurrency, although relatively few know the finer details on how these currencies operate. Cryptocurrency has long

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What Sort of Remedies are Available for Dissipation of Assets in Colorado?

Introduction: Basics of Dissipation of Assets in Colorado   What Sort of Remedies Are Available for Dissipation of Assets in Colorado? As we’ve mentioned before in other posts, divorce doesn’t always bring out the best in the parties who go through it. In fact, in some cases, divorce inspires behavior which is downright shameful. Dissipation

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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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