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What Happens to My Maintenance Obligation If I Decide to Retire?

April 21, 2023August 25, 2021 by Brittaney McGinnis

Will my maintenance obligation reduce or terminate when I retire? For many, the decision to retire is an easy decision that comes as a natural next step. For others, the decision to retire is difficult and filled with financial uncertainty and stress, especially when the decision is irrevocable. This is especially true if you have an ongoing maintenance obligation to your ex-spouse still lingering from your divorce. The paying spouse…

Adult Children

March 7, 2024August 19, 2021 by Jeffrey Cohen

…child to complete: a General Durable Power of Attorney and Medical Durable Power of Attorney. A General Durable Power of Attorney can give you, as a parent, legal authority to take care of business matters on behalf of your child. This means that if your child is away at college, is studying abroad, is incapacitated, or is unavailable for any other reason, you can step in. A General Durable Power…

Tax Items for Divorce

March 7, 2024July 15, 2021 by Jeffrey Cohen

…for the spouse who pays them and are not considered as income for the spouse who receives the payment. This should be taken into consideration before writing a divorce settlement as it can have a negative impact especially on the spouse who will be paying the alimony. Non-liquid assets. Although some funds can be transferred tax and penalty-free with a certified divorce decree, others will require what is called a…

President Biden’s Coronavirus Relief Package: How is Stimulus Money Divided Between Divorcing Spouses?

April 21, 2023March 12, 2021 by Brittaney McGinnis

Co-Author: Gregg Greenstein How is Stimulus Money Divided Between Divorcing Spouses? On Thursday, March 11, 2021, President Biden signed a 1.9 trillion coronavirus relief package into law. As part of this package, a one-time stimulus payment will be issued to some Americans. The new law raises many immediate questions for divorced or divorcing spouses. Currently, there are no federal or Colorado laws saying how the stimulus money is treated in…

Common Law Marriage in Colorado – Significant 2021 Changes in the Law

May 31, 2022March 11, 2021 by Gregg Greenstein

…the circumstances. Mere agreement to be married is not enough to establish common law marriage. Instead, there must be some evidence of subsequent conduct manifesting that agreement. Expanding the List of Common Law Marriage Criteria In People v. Lucero, the Colorado Supreme Court in 1987 identified some common law marriage factors to consider when a heterosexual couple has a dispute about whether the couple is common law married. Some of…

IRS Audits

March 7, 2024February 15, 2021 by Jeffrey Cohen

…Agent for assistance as these are the only three professionals permitted to represent you before the IRS. These professionals can advocate for you and navigate complex tax rules, minimizing penalties or liabilities. Our firm has Tax Attorneys, CPAs, and Enrolled Agents on staff to assist you. Please feel free to contact me if you receive any tax notices from the IRS (or other tax authorities). We are here to help….

Important Documents

March 7, 2024January 15, 2021 by Jeffrey Cohen

…as passports, and marriage, birth and death certificates Bank Account details, including safe deposit information & keys Motor vehicle titles Home information such as mortgage, water/sewer, garbage, power, gas, Internet, cable/satellite, and homeowner’s insurance Computer passwords It is helpful to have all of this information in one place. You should inform your loved ones or other representative of its location and how to access passwords. The above list is not…

Employer Alert: Comply with new laws that go into effect January 1, 2021

March 12, 2021December 22, 2020 by Cinthia Manzano

…a cap at 48 hours per year. Also, if your business has more than 500 employees, the Families First Coronavirus Response Act now effects your business too. It provides 2 weeks of sick leave. Contact Cindy Manzano at Frascona, Joiner, Goodman and Greenstein to learn more about these laws and how to keep your company compliant. We can answer questions, provide direction and assist with updating your company’s employment handbook….

Colorado Real Estate Brokers: Protect Yourself (And Your Clients) From COVID-19 Risk

September 22, 2021November 24, 2020 by Zachary Grey

…Colorado Department of Public Health & Environment. However, as the pandemic continues to evolve, brokers and property managers should consider implementing COVID-19-specific contractual provisions and obtaining waivers and releases to protect themselves, their businesses, and their clients. If you purchase a COVID-19-related product or clause, please contact me intermittently to ensure your version is up to date. * Research for this update was provided by Law Clerk Lauren M. Taylor….

IRS Notice for Small Businesses

March 7, 2024November 15, 2020 by Jeffrey Cohen

…promptly to the IRS. Our office has over 20 years of legal and tax experience in representing individuals and their businesses in front of the IRS and other tax authorities. We are here to help you and your business obtain the best results in case of an audit. If you should have any questions regarding an audit or any other legal or tax matter, please feel free to contact me….

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