Divorcing in Colorado and elsewhere can be tough no matter what the circumstances. It is not enough for a person to know that the bills are being paid, he or she must also understand all the details of his or her finances before he or she files for a divorce. Fortunately, the three most common mistakes can be avoided.
Actress Tasha Smith starred in the well known film "Why Did I Get Married?" After her recent divorce, she might be asking herself the same question. There was significant drama during the marriage, with each party receiving a restraining order amid mutual claims of fear for personal safety. Colorado readers may be relieved to learn that a settlement has been reached, though Smith is apparently unhappy about the amount of spousal support she is now required to pay.
Many Colorado residents have surely read or heard about the latest trend regarding divorce. This trend is called "conscious uncoupling" and was made popular by the amicable split of entertaining parents, actress Gwyneth Paltrow and singer Chris Martin. They have taken the position of having an amicable divorce and giving each other respect. Compared to what was once considered a battle to the death with the soon-to-be ex-spouse with the winner taking all has now become more civilized and less contentious. What is not mentioned are the financial battles that many still have.
Most Colorado couples in first marriages are not usually experts regarding the intricacies of divorce. There are many things to consider for those facing divorce proceedings, like how assets are divided and where and with whom the children will live. The parties may not even know what questions they should ask regarding the entire process.
Sometimes options such as counseling no longer work, and it seems as if no other option but divorce is left. Most Colorado couples know that divorce can be a scary concept. There is no magic handbook to help guide anyone though this emotional time. Men are generally not equipped to deal with their feelings as women are.
As the economy continues to slowly recover, many in Colorado are still facing lower incomes and higher levels of debt than in years past. For couples with marital troubles, financial difficulties could affect their ability to end their marriage and move forward in their lives. Uncertainties about what it will cost to process a divorce is a legitimate concern, but worries about the financial side of divorce should never be the deciding factor in whether to stay or go.
As more families in Littleton, Colorado, become blended, issues regarding money and finances can become very complex when a person becomes remarried after divorce. Observers believe that one of the most pertinent topics in a second marriage is that of stepchildren. This is an important issue in the arena of family law, because whether or not your new spouse receives or pays child support or alimony proves to be very important in blended family budgeting.