Building the Foundation of a Stronger Financial Future
Divorce can be financially devastating. In Colorado, the court’s attempt to use an “equitable and fair” standard to allocate both assets and debts. The divorce attorneys at Family Law Professionals can help ensure that all assets are assessed at fair market value, all debts are accounted for, and both are apportioned fairly. Any hidden assets or debts must be uncovered in order to assure a complete accounting and an equitable division of property agreement.
In Colorado, the division of property agreement also usually comes into play as part of a legal separation. Those who plan to file for a legal separation need to protect their rights to the assets of the marriage at that time.
Dividing financial assets and liabilities in an “equitable and fair” way is not always as straightforward as it might seem. If there is an inheritance involved, a business ownership or property that is difficult to value, the experienced divorce lawyers at Family Law Professionals will take an important role in preserving your financial future.
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