If any amount of spousal support specified in the divorce decree is reduced (a) upon the happening of any contingency related to the child or (b) at a time that can be clearly associated with a contingency related to the child, then the amount of […]
Times are changing. More and more couples are choosing to avoid the litigation system to negotiate their divorce settlements, and even those with attorneys settle out of court 90% of the time. The demand for mediation and Collaborative Divorce has risen steadily in recent years […]
Purchasing real estate can be a daunting prospect at any point in life. However, if the purchase is the result of financial negotiations related to divorce or separation in mid-life, this decision is even more daunting due to variables of health, wealth, retirement and fluctuations […]
Child support is an attempt by the court to ensure that the children’s basic needs are met, and that as they go from one household to the other they have a relatively comparable standard of living. In most states, there is a formula or calculator […]
Dividing property can be one of the most challenging and complex pieces of a divorce. What appears to be an easy decision such as “I want the house, you keep the retirement account,” may in the end deliver a settlement nobody bargained for. Peggy and […]
Many divorcing couples don’t have sufficient financial resources to buy a new home during the divorce process. However, those that have good credit and adequate income, purchasing a home during the divorce can be a bumpy ride. Title Issues Colorado law presumes that all property […]
As of January 1, 2009, a new housing law placed a restriction on the $250,000 exclusion allowed on gain from sale of a principal residence. If there is a period of “non-qualified” use after 2008, the portion of the gain allocated to that period won’t […]
As nearly half of the American population already knows, divorce is a difficult, emotional process to go through. This difficulty can be compounded depending on the number of years a couple has been together, the dollar amount of their acquired assets, and whether or not […]
If you do not have a pension as your primary retirement vehicle, then you likely have a 401k or IRA. The money that accumulates as a result of your contributions during the marriage is considered a marital asset. By contrast, the portion accumulated before the […]
Jill has been divorced for five years. Her separation agreement stated she would receive $5,000 per month of spousal maintenance for four years. She was also owed a property settlement payment of $200,000. This was to be paid at the rate of $50,000 per year […]