Many Colorado residents wonder how they will sort out their finances before, during and after divorce. It is important for anyone contemplating a divorce to consider several factors.
After a divorce, Colorado parents will be faced with the very important task of raising their kids in separate households. No matter the situations that caused the divorce, or the feelings that might still linger afterward, parents should work together to raise their children. Although challenging, co-parenting after a divorce can be done successfully.
Many people in Colorado may experience some unpleasant financial surprises when going through a divorce. One online marketplace, Worthy, found that nearly half of divorced women in a survey said this had happened to them. The incidence of surprise was greater among women under 55 than for those 55 and older.
Many married Colorado couples have experienced marital tension due to financial issues. They are not alone in this. In fact, some studies show that a majority of divorces are caused by financial struggles. However, there are ways to work around financial issues.
When Colorado couples decide that a divorce is imminent, they may want the process to be over with as quickly as possible. However, the route that former couples take to get the divorce can have an impact on how long the process actually takes.
While child custody issues may be more simple when a baby's parents are married at the time of birth, an increasing number of Colorado parents are facing a different situation. A mother may not list her baby's father on the birth certificate if she was not married or otherwise involved in a relationship with him at the time of the baby's birth. In the future, however, questions can arise about child custody. Even single mothers without their children's fathers in the picture may wonder if they should go to court to establish legal custody.
When people want to get divorced in Colorado, they need to be prepared for some of the restrictions that will be placed on them once they file their petitions for dissolution. When divorce petitions are filed in the state, the court issues several automatic injunctions.
Female breadwinners in Colorado and across the country are now having the broader conversation about the implications of divorce. Women are becoming savvier in taking ownership of their careers and becoming successful, but they may be responsible for alimony after divorcing their spouse. In the American Academy of Matrimonial Lawyers survey, more than 4 in 10 attorneys reported an increase in women being on the hook for spousal maintenance and child support.
For many ex-spouses in Colorado, coming to an agreement on alimony can be an arduous task. To begin with, creating a payment structure that offers the recipient what they want while helping the payer maintain as much of their income as possible is no easy feat. Additionally, laws are constantly changing, forcing soon-to-be exes to reassess how they plan to settle matters.
Some Colorado fathers who have fallen behind in child support payments may be dealing with a combination of factors that includes little or no income and a lack of knowledge about how to navigate the child support system. In a documentary film about child support and African-American fathers, Rel Dowdell examines how they are disproportionately affected by problems in the system.