Family Law Blog

Much to Consider With Division of Assets

By admin on October 7, 2009

In divorce proceedings, division of assets can be especially problematic, particularly if divorcing parties are not on the best of terms and emotion is conflicting with what law deems is necessary in dividing said assets. According to About.com, property is placed into one of two categories: marital or non-marital. Marital property is that which was accumulated by either or both parties during marriage, while non-marital property refers to those goods that were acquired on an individual basis by each member of the divorcing party prior to that party’s marriage.

Marital property is split up amongst divorcing parties in an equitable manner, not equal. The split need only be deemed fair and just by the court system, and does not have to equal an exact 50-50 split of acquired assets. However, there are certain assets that, while having been acquired during marriage, are not considered to be marital property. Gifts, property acquired in exchange for property that was acquired prior to marriage, and property that the divorcing parties have agreed upon not to be included in marital assets, are all items that cannot be equitably divided, in addition to non-marital property.

In dividing property, numerous details are taken into consideration. How much a spouse contributed to the overall well-being of the marriage is taken into consideration, as well as the value of the property belonging to each spouse, how long the two members of the now-divorcing party were in fact married, and who will assume custody of the children (if present). It should be noted that much weight is placed upon the needs of the children, as their general well-being and ability to cope with the divorce with as much ease as possible are both high priorities of the court system. Furthermore, “the age, health, occupation, amount and sources of income, vocational skills, marketable skills, estate, liabilities, and needs of each of the parties”, as well as an individual’s ability to reasonably acquire future assets and income, are also taken into consideration to help make the division of assets as equitable as possible.

If you are going through a divorce, and would like to protect your assets and matrimonial rights, don’t hesitate to contact a skilled divorce attorney at Kaplan Law, LLC. Our experienced Denver property division attorneys will fight for your best interests, and will ensure that your right to an equitable division of assets is not infringed upon. Please call us today at 1-877-527-5206 for more information.

Source Article: http://divorcesupport.about.com/od/propertydistribution/f/propertydistr.htm

Mel Gibson’s Wife Wants Divorce

By admin on August 6, 2009

The website tmz.com reported in an article on April 13, 2009 that actor Mel Gibson’s wife, Robyn, has filed divorce papers citing “irreconcilable differences” in what some would say is an ironic twist, she signed the papers a day before Good Friday. Robyn and Mel Gibson had been married for 28 years. According to sources there was no prenuptial agreement signed back in 1980 when they were married. At that time Mel Gibson had not accumulated his fortune estimated at $900 million in 2006. California community property law states that all earnings be divided 50/50 and that includes earnings.

Robyn and Mel have seven kids, although only one, Tom, age 10, is a minor. Court papers filed in L.A. County Superior Court ask that she keep joint physical and legal custody of Tom. Robyn is also requesting spousal support and attorney fees. Robyn marked the date of separation as “to be determined”. This can turn out to be very important, due to the fact that earnings for the most part stop being community property when the couple separates. Sources say the couple has been distancing themselves from each other for some time.

Robyn is represented by Laura Wasser, who has handled divorces for Angelina Jolie, Britney Spears, and Stevie Wonder.

Robyn and Mel Gibson released the following statement: “Throughout our marriage and separation we have always strived to maintain the privacy and integrity of our family and will continue to do so.”

Marriage is a sacred union, and when two people get married they plan to spend the rest of their lives together. Unfortunately the reality is that many couples realize that a divorce is the best thing for all involved.

If you are considering a divorce consider Kaplan Law, a distinguished Colorado divorce law firm representing all types of family law cases in Colorado’s Front Range, as well as throughout the state. The experienced divorce attorneys in Colorado and support staff at Kaplan Law use all their resources to knowledge to promptly resolve your divorce. Please call 1-877-527-5260 for a consultation.

Actress Kate Walsh’s Divorce Intensifies

By admin on April 22, 2009

The website bostonherald.com reported in a story on April 27, 2009 that lawyers for Alex Young have asked for a trial date for his divorce from television actress Kate Walsh. Walsh filed for a divorce in December 2008 and stars on the popular television show “Private Practice.” According to court papers, Young and Walsh bought a multi-million dollar home and spent a substantial amount of money customizing it. Their dispute over division of property circulates around the fact that Young claims that the couple’s accountants have sided with Walsh and have not let him look at the books.

The skilled Denver divorce lawyers at Kaplan Law have more than 20 years of experience handling cases for clients facing the challenges of divorce, division of property, child support enforcement, child custody, and annulment. We practice only in Colorado and have a long-standing familiarity with local courts, district attorneys and judges that afford our clients the best possible result for their case.

Contact Kaplan Law today for representation for all types of family law cases. If you are involved in a situation where the service of an experienced divorce lawyer is needed, contact a Denver family law attorney at Kaplan Law. Please call 1-877-527-5260 for a consultation.