Denver, CO- Two powerful Colorado politicians have decided to end their twelve-year marriage. Attorney General Cynthia Coffman and Colorado Congressman Mike Coffman recently announced they would be divorcing.
In a joint statement issued on June 19th, the couple announced they had come to the “painful decision” to file for divorce. They said it was a “difficult decision,” and asked their “friends and supporters for understanding,” the Hill reports.
According to reports, AG Coffman may run for AG of Colorado again, though some rumors that she may run for Governor have been circulating, CBS Denver reports. Congressman Coffman is up for reelection in 2018.
So far there have been no indications the couple’s divorce is acrimonious.
Divorce Basics in Denver
If you live in Denver and you are planning to file for divorce in Denver, you need to understand some of the basics like residency requirements and how assets are divided. USAttorneys will explain some of the basics below:
Before you can file for divorce in Colorado, you need to be a resident of the state for at least 90 days.
The waiting period to be granted a divorce in Colorado is only 90 days (it can be up to one year in some states). As long as a couple is able to decide on critical issues like child custody, a divorce judge can approve your divorce once the waiting period has elapsed.
Colorado is strictly no-fault divorce state, so you only need to say that you and your spouse have problems that cannot be resolved.
The state is an equitable division state, but a couple’s assets aren’t divided equally. Equitable division doesn’t require a couple to split their assets 50/50; it just means that things are divided based on each spouse’s contribution to the marriage. Some assets such as businesses and inherited property are not considered community property and are excluded from the divorce agreement.
It is ideal for a couple to resolve asset division out of the courtroom with the guidance of their respective divorce attorneys. If you rely on the court to divide your assets, the state will look at the following factors to decide:
Length of marriage
Value of their assets including their home (or homes), personal property, investments, retirement accounts, and health insurance
Each spouse’s income
A Divorce Lawyer in Denver Will Be Your Ally
Above is a brief overview of the divorce laws in Denver. There are so many aspects of divorce; we recommend you meet with an attorney and allow them to walk you through what a divorce entails. USAttorneys.com will help you find a divorce lawyer close to you in Denver. You can set up a time to talk about your divorce your expectations for your divorce settlement.
A divorce is difficult without all the practical and legal things to deal with, and it can become overwhelming. When you have an expert in divorce working on your case, your divorce will be easier, and you’ll have a better chance of getting the settlement you want.