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How healthy will your post-divorce finances be?

Whether you are successfully making ends meet or living a comfortable lifestyle, nothing can change your financial stability more drastically than a divorce. Couples who divorce often find themselves trying to stretch half the income over double the expenses.

As emotionally difficult as a divorce can be, you may find that financial struggles can follow you for years after the judge signs the final papers. However, it does not have to be this way. If you take some proactive steps in the months before and during the divorce, you may find your financial situation more manageable as you make your way through the early years of your post-divorce life.

Divorce: Ways to help your kids adapt to a new lifestyle

Children typically encounter many challenges when their parents divorce. You may have done what most other Colorado parents do after deciding to sever your marital ties, which is to gather the kids all in one room and have a family discussion about it. From that point on, however, each of your children may have different reactions and will likely need guidance, support and encouragement from you, especially as the first year without the family under one roof unfolds.

Like most parents, you want what is best for your children. However, how you interpret that and how your ex does may spark some friction. If a particular obstacle arises, you can reach out for additional support at any time. In the meantime, you can take several steps to help your children cope and move on in life.

Are you considering divorce because of one of these issues?

When a Colorado married couple petitions the court for divorce, it may be one of the most consequential events of their lives. Whether you've been thinking about taking similar action for quite some time now or only recently considered it an option, you're still likely to encounter numerous challenges as you leave the past behind and move on in life.

Understanding what caused your divorce can help you come to terms with the situation; it may also have an impact on proceedings, especially if you file an at-fault petition. Although no two relationships are identical, you may find that you have certain things in common with other couples who have also decided to take up separate households from their spouses on a permanent basis.

Happy holidays: Ways to make it possible after divorce

If you are entering your first, post-divorce holiday season, you may be feeling a bit anxious about how it's all going to work. Even though you feel fairly confident about your co-parenting plan, you know that your kids are used to the family holiday traditions you've always had and that things will be quite different this year. Your divorce doesn't necessarily have to mean the end of your holiday fun.

There are several key factors to keep in mind that can help you and your co-parent avoid the stressful, emotionally charged, highly contentious holiday disasters that some former couples wind up facing. To start, it always helps to remember that your children's well-being is the central focus. From there, you can lay some ground rules and be proactive to help your children adapt to their new holiday routine.

Read this if you're planning to tell your kids about divorce

No two Colorado families are exactly the same. Your parenting style may be quite different from your neighbor's. Then again, you may find you have similar ideas regarding how to raise children and, in particular, how to talk to them about important issues, such as divorce. It is no secret that many parents will be having such discussions with their kids this year.

If you're one of them, you may want to consider these practical ideas to help your children cope in the healthiest way possible. Depending on the age ranges of your children, what you do and say might vary; therefore, if you have both toddler-age and teenage children in your family, you may want to speak to your kids separately in addition to having a family discussion.

Is your former spouse undermining your rightful parenting time?

The issues between two Colorado parents can continue long after a divorce is final. In fact, the difficult feelings and emotions can cause problems that may require one parent to seek legal recourse to resolve ongoing issues. One problem that you may need help resolving is parenting time interference.

When your child's other parent does not want to cooperate with the terms of a custody or visitation order, it is more than just an inconvenience. It is a direct threat to your parental rights, as well as a threat to the well-being of your child. If you are dealing with parenting time interference, you have the right to take action to shield your interests and your kids.

How can I protect my small business in the event of a divorce?

As a small business owner, you want to protect your livelihood. You have spent many countless hours nurturing your business and transforming it into the thriving source of income it is today. For many people, and especially now as more individuals start to work for themselves, their businesses are their most important and most financially significant asset.

Like many other small business owners in Colorado, you could someday face divorce. No one plans to be divorced, but research shows that up to 40 percent of marriages end in divorce. If the business is included in the financial settlement of the divorce, it can have a big impact on its future profitability. Luckily, there are strategies that you can implement to protect your most important asset.

Did your spouse get defensive when asked about missing money?

Divorce is never easy, and you may have more than your share of challenges in store, depending on your particular situation. If you have children, there might be disagreements about custody or visitation. If you're a business owner, protecting your interests will likely be a high priority when property division proceedings begin. Hopefully, you will be able to negotiate a fair and agreeable settlement that allows you to move forward toward a new, successful lifestyle.

That's often easier said than done, however, especially if you suspect that your spouse is trying to hide assets so that he or she won't be subject to division. If you're like many other spouses in Colorado, you've probably learned to trust your instincts when it comes to feeling like something is not right in your relationship. If your spouse is showing signs of suspicious behavior, you may want to further investigate the matter before heading to court.

Getting through your divorce without a costly court battle

Divorce is difficult for every member of a Colorado family. There are complex emotions involved and sensitive issues to address, including property division, child custody, spousal support and more. Fortunately, there are ways to resolve disputes and work through difficult issues without resorting to litigation and courtroom battles.

For many couples, it is possible to reach a final divorce order through various methods of resolving disputes. Alternative dispute resolution is not for every situation, but it could be the right option for you and your soon-to-be ex-spouse. If you wish to keep your divorce out of court, you may start by understanding more about various methods of ADR.

Summer may wreck your parenting plan

You are fortunate if your court-ordered child custody arrangement is working with few glitches. Maybe this is because you and your ex-spouse were able to come to an agreement on your own or through mediation. Holidays may have been difficult at first, and you may have found it upsetting to spend the time away from your children. However, the schedule is as fair as possible under the circumstances.

The next big hurdle is summer. Everything changes when the kids are out of school, and you may already be discovering that following a rigid schedule is going to be difficult. You may be tempted to toss out the custody agreement, but experts say this is not a good idea.


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