Liquidating assets prior to divorce

The emotional stress of any family law matter makes most people upset and vulnerable to exploitation.

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Some people even see divorce as a way to seek revenge on a spouse by seizing money and assets.

Although divorce can bail you out of an unhappy marriage, it can also milk you for all you are worth if you don't know your rights.

Only property acquired before or after a marriage or designated as belonging to one spouse is considered separate property.

When a marriage ends, the couple and sometimes the court has to decide how the community property will be divided amongst the parties.

You might come out of a marriage in a totally different financial situation than you were in before.

Fortunately, an experienced divorce attorney can help you reduce the impact that a dissolution of marriage has on your overall financial picture. This means that all of the property acquired by a couple during the marriage is considered to be owned by both spouses.Retaining a Colorado divorce lawyer familiar with family law can help in avoiding costly mistakes.Below are a few important tips to avoid some of the most common mistakes: Contact the law offices of Lynn Landis-Brown, P.From Womans Below is a sampling of the various divorce financial FAQs which have been answered on this site.One thing that many people find difficult about divorce is the effect it often has on their finances.C., in Colorado Springs for additional advice tailored to your unique circumstances. C., represents clients in the Pikes Peak area, Front Range area, and Rocky Mountain area of Colorado, including Colorado Springs, Castle Rock, Monument, Woodmoor, Broadmoor, Manitou Springs, Fort Carson, Fountain, Cimarron Hills, Black Forest, Canon City, Woodland Park, Cripple Creek, Victor, Parker, Pueblo, Peterson Air Force Base, Schriever Air Force Base, Cheyenne Mountain Air Force Station; United States Northern Command (NORTHCOM), Northern American Aerospace Defense Command (NORAD), United States Air Force Academy (USAFA), El Paso County, Teller County, Douglas County, Adams County, Elbert County and Fremont County.

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