There is often an overlooked asset that needs to be divided or assigned to one of the spouses in a divorce settlement—and that is a cemetery burial plot. A burial plot is treated for most purposes as being unlike any other piece of real or […]
A cognitive bias is a systematic mistake or error in thinking that affects our judgment. Some of these biases helped our ancestors survive on the savannah, but often no longer serve a good purpose in modern life. Our brains did not develop with the amount […]
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 […]
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 […]