High Asset and High Income Divorce

What is considered a high net-worth divorce case in Colorado?

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well I mean it really depends so high

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net worth divorces are going to be

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looking at you know potentially in

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excess of 10 million dollars but there’s

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a difference between a high net worth

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divorce and a complex divorce so you

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might have a uh 20 million dollar

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divorce but uh there’s no business

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there’s only inherited wealth and

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there’s a premarital agreement that

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governs everything and nobody’s

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objecting to it so in that case it may

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be a very very simple divorce despite

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the fact that there may be a lot of

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money at issue you might also have a

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five million dollar divorce that is

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maybe not you know a high asset divorce

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but where you have uh income of eight

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hundred thousand dollars a year and you

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have a closely held business and you’re

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going to have to sort of figure out what

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the value of the business is uh

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considering you know the income and

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where that business is going to go it

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becomes more complex if there are no

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other assets

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um we we don’t want to have divorce be a

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complete dismantling of the marital

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estate we really want to end up with an

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equitable solution where businesses can

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continue to operate and people get their

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Fair settlement so when we talk about

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high asset versus complexity you know

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it’s it’s mix and match you can have a

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little bit of both I would say a lot of

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the cases in Colorado uh that we do you

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know are somewhere between 20 million

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and 70 million we’ve had much higher

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cases uh in the in the high asset

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divorce cases but we’ve also had you

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know much lower cases with lower dollar

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value cases with more complex issues

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that we’ve had to parse through