24 Feb How to Prepare for Your Divorce
Divorce is one of the hardest processes a person can go through. Divorce cases in Colorado can take anywhere from 91 days to years to get through, and if you have children, the case can sometimes take longer than a year from the filing of the Petition for Dissolution of Marriage to the Final Orders Hearing where the judge provides permanent orders. Being ready emotionally, financially, and logistically is crucial to making it through that process as easily as possible for yourself and your children.
Getting your children ready for the addition of another household can be challenging, especially where parenting styles are vastly different. Preparing your child by providing a therapeutic outlet can help them work through new emotions and assist them in learning how to appropriately verbalize their experience in the healthiest way possible. The Court in Colorado will be creating a parenting plan in cases involving children, and the judge is guided by Colorado Revised Statute 14-10-124 in determining what permanent custody arrangement will be in your children’s best interest. Of course, you and your soon-to-be former spouse can make those arrangements without the assistance of the Court, but knowing what decisions need to be made about your children is the biggest hurdle in ensuring that co-parenting can be successful.
Financial readiness is an essential element of the divorce process. Understanding your finances includes not only understanding your income, but also your expenses and how those expenses get paid on a monthly basis. During the divorce, you will be required to file financial affidavits to state your assets, debts, and income to assist the Court in understanding what is included in the marital estate so that it can determine how that estate should be equitably divided. Colorado is a state where the estate does not necessarily get divided 50/50, so it is very important to know how to demonstrate what is included in the marital estate and why it should be divided in a certain way. Also, your bank and credit card statements will be reviewed in the process.
The attorneys at Travis Law Group, PLLC, are highly experienced and well-versed in the aspects of divorce that will be the most challenging as you move forward. The team will assist you in finding the right therapeutic support for your children, and will guide you through the financial analysis and negotiation with a high level of attention and expertise. We look forward to providing you with the best support possible as you move towards the next chapter of your life.
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