Divorce Post-Decree Mediation Family Law Property Division

How to Value a Private Medical Practice for a Divorce?

Laura E. Shapiro - September 15, 2018

There are several ways to value a private medical practice for a divorce, but we recommend leaving this to professionals.

When we handle a divorce that includes a private medical practice, we rely on appraisers and experts who can weigh the numerous factors that are necessary to consider for determining a credible estimate of value.

Colorado is an equitable division state, meaning not all property obtained during the marriage is necessarily joint marital property or that the property has to be divided.

This complicates things further, since the circumstances of your case will determine what proportion, if any, of this value will be subject to division for settling the divorce.

Valuing a Veterinary Practice for a Divorce

Laura E. Shapiro - August 29, 2018

When you established your veterinary practice, chances are you did not anticipate that your business would be on the property division list for your divorce.

Your veterinary practice is marital property (i.e., property and assets either spouse acquired during the marriage) under Colorado law, unless you started your practice before you were married or excluded it in a premarital agreement

5 Important Property Division Considerations in Gray Divorce

Laura E. Shapiro - June 12, 2018

A "gray divorce" carries added stress for couples over 50 who must divide the property they accumulated together over the years before they go their separate ways.

If you are over 50 years old and contemplating a divorce, make sure you receive an equitable portion of the marital property, which includes all assets and income earned throughout your marriage.

At Shapiro Family Law, our property division lawyers have seen several common issues among our clients. Here are the top five important property division considerations in a gray divorce.

Protecting your child’s inheritance during a divorce

Laura E. Shapiro - May 9, 2017

Black & White picture of child walking down road with stuffed toy

Having a lot of assets when you walk into a divorce can be tricky, especially when you have custody issues.

If your child also has assets that need to be protected what is the best way to proceed?

Full disclosure is necessary...

How can I prepare for property division?

Laura E. Shapiro - March 8, 2017

people and property on either side of a crack

Are you wondering how your property will be divided in your upcoming divorce? Although it is largely up to the parties involved, every state has statutes that address this.

For that reason, you will likely need help making good arguments for why you should get what is rightfully yours.

It is important to know that in Colorado, there is no "community property" law.

Colorado is what is known as an "equitable division" state. Therefore it is important to discuss with your lawyer what you believe to be fair.

How to split the business during a divorce

Laura E. Shapiro - October 6, 2016

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.

Property Division And High Net Worth Divorce In Colorado

Laura E. Shapiro - October 5, 2016

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.