Laura E. Shapiro -
When couples start to think their marriage is near its end, sometimes they move to separate homes. This physical separation is not a status change in the eyes of the law.
Legal separation is a process that recognizes a new marital relationship and allows for continuation of some benefits while officially separating most financial and caregiving elements.
Laura E. Shapiro -
Prenuptial agreements are not just for celebrities.
Prenups, or premarital agreements, are often used by Colorado couples as a way to negotiate before marriage the rights to money, income, assets and property as well as the responsibility for debts in case of separation, divorce, death or another chosen event.
Laura E. Shapiro -
After a divorce the family relationship becomes an evolution, shifting and adapting as you learn new roles and communication techniques with your ex-partner, now co-parent.
This comes with many challenges like the parent teach conference.
Laura E. Shapiro -
Drawing the right line in the sand is one of many challenges in a divorce settlement.
Splitting a retirement fund or bank account is more straightforward, but valuing and then distributing assets if you own a business or your own practice is an abstract process.
Laura E. Shapiro -
Divorces can be amicable or tumultuous, but high asset divorces tend to be complicated with assets of all sorts at stake.
Colorado is not a "community property" state, it is instead an "equitable distribution" state. In Colorado, the only ground for divorce is "irretrievable breakdown" of the marriage.
When a couple is unable to reach an agreement on how to divide the marital property a judge will decide. If the divorce is presided over by a judge, the judge will assign a percentage of the assets to each spouse.
Laura E. Shapiro -
Divorce for those over 50 (often called "gray divorce") is becoming more and more common. However, as older couples split up, it can pose a serious threat to their financial security.
This is particularly true for women.
So what should you do to protect your future? You can start by avoiding these four common mistakes:
Laura E. Shapiro -
Divorce is never easy, but at least financial assets can be split using general math.
When it comes to property, how do two people who lived in one house reach agreement?
Even after you've decided who will live where, there's still the matter of house payments and value.
Laura E. Shapiro -
On February 18, 2016, the Social Security Administration issued a notice that it will phase-out two Social Security claiming strategies that may be very important to people who are near or who are at retirement age by April, 2016.
For details regarding the changes, take a look...
Laura E. Shapiro -
Divorce is often ranked as one of life's most difficult and most stressful events - right behind the death of a spouse.
If you are facing divorce, you may be tense and fearful about the future. You may feel as though you have little control over the process you face. However, there are things you can do to lessen the emotional impact of your divorce.
Here are some tips to keep in mind:
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