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August 2016 Archives

Special provisions after divorce for "gifted" children

When Colorado parents divorce, they usually must negotiate issues such as child custody and support. Usually, child support covers a child's needs including education, health care, housing, clothing and food. However, one thing that might come up is who pays and how much are parents obligated to pay if the child has special talents.

Falling U.S. migration rates may be due to divorce

Americans are more rooted than ever, according to a study, and one observer believes that divorce and child custody arrangements may be significant factors in the trend. In Colorado and throughout the United States, divorced parents typically choose to live in close proximity to each other so that they can be actively involved in their child's life. This differs significantly from divorce and custody settlements in the past.

Men's employment status may be one key to divorce

Colorado couples in which the man is unemployed may be more likely to divorce according to a study by a Harvard sociology professor. The study, which examined more than 6,300 different-sex couples nationwide, found that a number of factors typically assumed to increase the chance of divorce were not significant, but the loss of the traditional breadwinner role for men might be. It was speculated that men's unemployment may be more likely to be involuntary, and this could contribute to stress.

Preparing financially for divorce

Colorado couples who are contemplating divorce must think about how to secure themselves financially. The first step is for them to understand both the family finances and their needs. The former means listing family assets and their value and ownership. This includes pension plans and other retirement accounts as well as stock options. The next step is identifying expenses. This may include a range from the bare bones amount needed to survive along to a more generous budget. Each person must consider their own income. People who have not been working outside the home may need to be more concerned about asset division and might also need to focus on finding a job.

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Cooper, Tanis & Armas, P.C.
42 Garden Center
Broomfield, CO 80020