Residents of Fort Collins, Loveland, and Greeley facing divorce with high net worth should retain an attorney experienced in complex financial divorces. High asset divorces require specialized knowledge above and beyond a typical divorce. Our Fort Collins divorce attorneys have worked with forensic accountants, valuation analysists, appraisers, and other experts when representing clients facing a complex financial divorce.
The division of assets in high net worth divorce cases in Colorado proceeds by identifying what property exists, classifying the property interests as marital or separate, valuing the interests, then determining an equitable distribution of the property. Experts are commonly employed to determine the value of property interests such as:
The equitable division of property needs to be determined before addressing maintenance. While Colorado has a guideline to suggest the amount and duration of maintenance, this guideline does not apply when the combined incomes of the parties exceeds $244,000 annually. When the income of the parties is high maintenance will be addressed.
Those facing a high asset divorce may wish to keep their divorce private. Celebrities, public figures, and business leaders may wish to keep their divorce proceedings out of the public arena and we offer options for a private divorce in Colorado.
If the preservation of your wealth is a priority to you and you are facing a divorce then call us today and meet with one of our Fort Collins divorce attorneys to discuss your options.
If you have decided to get a divorce, the next steps can seem daunting. Here we provide a few answers to common questions about filing for divorce.
Depending on your family, financial, and personal circumstances there are many factors you will want to consider when filing for divorce. Find out what type of divorce is right for you.
How long will it take for the Court to issue a Decree of Dissolution of Marriage? The earliest a Colorado court could issues the divorce decree is 91 days after the petition was filed. However it can take longer than 91 days, as expert valuations and reports may be needed.
How can a divorce attorney help with an uncontested divorce? Uncontested divorce generally means the parties have agreed upon all issues, or they believe they will be able to easily agree on all issues. A divorce attorney can help with an uncontested divorce by ensuring everything drafted properly.
What are mandatory financial disclosures? Financial disclosures are required of both parties in every divorce case, within the first 45 days after the petition has been filed. The exchange of mandatory financial disclosures is intended to put each party on a level playing field as it relates to the finances of the divorce.
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