As many Colorado residents can attest to, life after divorce is drastically different from that before it. For divorcing couples with children, it can be even more altered, as parents go from seeing their children daily to seeing them based on a pre-determined schedule. While it may take time to adjust to this new reality, it is important to know that child custody can take different forms depending on the agreement the parents make, based on their individual circumstances. Familiarizing oneself with the terms commonly used during custody proceedings can be very helpful.
Division of assets is a common concern when couples in Colorado decide to end their marriage. One of the biggest and most valuable properties a couple has is the marital home. People can engage in endless disputes over the property not just due to the financial ramifications, but also due to emotional considerations as the parties might have raised children and lived at the residence for an extended period.
When Colorado couples decide that they are set to part ways and move forward with a separation or divorce, a common strategy to avoid rancor and dispute is to have a separation agreement. This can be useful in several ways and those who are contemplating divorce or have already made the decision should consider it for the good of everyone involved. If the couple is relatively amicable, it is wise to negotiate to avoid an extended case. Understanding the law is essential when thinking about a separation agreement.