It may be surprising to know that the overall rate of divorce is declining in the United States. However, the divorce rate for spouses over the age of 55 in Colorado and across the country has risen dramatically over the last two decades. A divorce late in life has the potential to upend even the most durable retirement plans. Here are some ways to prevent a gray divorce from sabotaging retirement.  Identify assets and focus on how they will be divided  Some of the most important decisions in any divorce revolve around marital property and assets. Colorado is an equitable distributio ..read more

Those in Colorado who experience a marital breakup often find that their once stable life is now full of uncertainty. Divorce is not only a highly stressful and emotional event, but it can also cause a great deal of financial damage. Here are a few ways individuals can protect themselves financially when going through a divorce.  Never hide money  It may be tempting to hide money, especially if the other party is not trustworthy. However, hiding money during a divorce is never a good idea. It can result in contempt of court proceedings, high legal fees and loss of credibility with th ..read more

Going through the end of a marriage can be a stressful and emotional process, and it might not always be easy to know the types of challenges you might face along the way. There could be numerous complex topics to address when facing a similar change in life, one of which may pertain to knowing the role the family home might play in this process. The family home is an asset that could play a significant role in the outcome of your divorce, but making decisions about this asset can seem a daunting task. Seeking advice on some essential topics to cover regarding this asset could prove integral t ..read more

When facing the end of a marriage, it might not always be easy to predict the types of challenges you may encounter or to know how the outcome of the situation might affect your future. A similar life change could leave you facing various difficult decisions, and there could be numerous complex topics to address along the way.  If you received an inheritance prior to or during your marriage, you might be uncertain of whether this asset will be subject to the process of property division. While an inheritance listed under your name only might remain a separate asset through this process, t ..read more

It is one of the most important duties and priorities of a parent to keep his or her child safe. If you are concerned about the well-being of your child because of the actions of another person, there are steps you can take that will help you stop ongoing threats and regain your peace of mind. One of the options available to you is a protection order -- a legal document that can provide you and your kids protection from different types of concerns.  Domestic violence can take many forms, but you could be a victim if you feel unsafe in your home or live in fear because of another person. I ..read more

As a parent, one of your primary concerns as you are in the process of ending your marriage is protecting the interests of your children. Kids often experience difficulty during this period of transition and change, and it is critical to do everything possible to protect their mental and emotional health during this time. Even while navigating your own difficulties, you will find it best for your kids if you prioritize their needs. The ways that a divorce will affect a specific child depend on many factors. The age of the child, his or her maturity level, relationship with the parents and more ..read more

There could be a variety of complex topics to address and difficult choices to make when preparing to protect your future at the end of your marriage. If you own a business, it may be understandable to feel uncertain about the role this asset might play in the process or of the steps you can take to prepare for what comes next. Taking steps to obtain the true value of your business assets could help you better understand what is at stake, but this can be somewhat complex at times. Seeking insight on your available options for business valuation methods may help you prepare to make informed dec ..read more

After choosing to part ways, you and your soon-to-be ex-spouse may face numerous difficult choices while pursuing an amicable child custody agreement. Creating an arrangement that aligns with the interests of your kids and meets the needs of everyone involved can be integral, but it might not always be so easy to achieve. One of the most daunting aspects of this process may pertain to how challenging it can be to address every necessary topic, and some issues might prove easy to overlook at times. Seeking insight on every relevant factor to include in parenting plan discussions could be essent ..read more

One of the most distressing aspects of your divorce is the thought of how this decision could impact your children. You know that it is important to provide your kids with as much continuity of lifestyle as possible, but reaching an agreement on custody and visitation with the other parent may not be possible. There are times when a Colorado parent may have to fight for child custody, and if you are in this situation, you will benefit from preparing for what is ahead. A custody battle can be stressful for every member of the family. During this time, there are steps you can take as a parent th ..read more

Making the decision to end your marriage is a difficult choice, and it is likely that you have put careful consideration and significant thought into it before you moved forward. The next hurdle you may be facing is deciding how to tell your kids about the divorce. You know that this will bring significant changes to every area of their lives, and they deserve a straightforward explanation of what is happening and what they can expect in the weeks and months ahead.   As you think about this conversation, you understand the need to put the interests and well-being of your kids above e ..read more