It’s not all assets you’re fighting over – you also have to consider any financial obligations that you and your spouse have. If you and your ex-spouse are carrying any debts, these will need to be divided between you as well. If you want to avoid being left with a large amount of debt, you need to ensure your attorney fights to divide this as fairly as possible.
Another complex thing to divide are securities such as stocks, stock options, and other semi-liquid assets. Fortunately, these won’t always need to be sold if they are easily divisible. Regardless, you’ll still want to work with a team that can help you prevent huge losses on stocks or stock options.
Items such as vehicles, cash, and expensive jewelry are all typically considered fair game in a divorce proceeding. In fact, it’s illegal for a spouse to purposefully conceal these assets.
Court cases can often get extremely messy. If you want to avoid drama in the courtroom and the associated expenses, it’s essential to consider some form of mediation before you go straight to a judge. Our firm also provides mediation and resolution services to make it much easier for you to sit down and negotiate property division.
Using a mediation process can often prevent further damage to a relationship, which is especially important if you have children or other family members that have an emotional investment in your divorce.
Additionally, once a trial goes to court, the price of the case can skyrocket. While this is often necessary, it’s still essential to understand that you can resolve things without a significant legal battle.
If you’re looking for a Colorado lawyer that understands property division, Dailey Law, P.C., is one of your best options in the Colorado Springs area. Our team of highly qualified attorneys understands the unique intricacies of this specialized legal niche.
We fight for your assets – we don’t want you to face economic hardship in the future because your spouse successfully took you to the cleaners. If you want to speak to someone about your specific case, please don’t hesitate to get in touch with our team today. We have what it takes to win your complex property division case.