Divorce at Altitude: A Podcast on Colorado Family Law

Tangible vs. Intangible Assets in a Divorce | Episode 107

May 23, 2022 Ryan Kalamaya & Amy Goscha Season 1 Episode 109
Divorce at Altitude: A Podcast on Colorado Family Law
Tangible vs. Intangible Assets in a Divorce | Episode 107
Show Notes

Ryan Kalamaya defines tangible and intangible assets to help understand how the court decides to divide property in a Colorado divorce. 

Key Points in This Episode

  • Defining "Property"
  • What is not "property."
    • Term life insurance policy
    • Leased vehicle
    • Discretionary trust
    • Gifts not yet received
    • Social Security benefits (they can be an economic circumstance)
    • Education degree (such as a law or medical degree)
    • Military disability benefits 
  • Tangible vs. Intangible
    • Tangible: 
      • real estate
      • cash
      • bank accounts
      • investment accounts
      • cryptocurrency
      • retirement plans
      • furniture
      • Household goods
      • Automobiles
      • Livestock
      • Gold
      • Art
      • Wine
  • Grey area - NFT for tangible assets
  • Intangible
    • Cryptocurrency
    • Franchises
    • Patents
    • Copyrights
    • Mineral rights
    • Goodwill in a business
  • Division of property can be impacted if, for example, the marital estate is 75% of intangible assets.

Step by Step Colorado Divorce Guide

The initial thought of trying to file for divorce can be overwhelming and emotionally exhausting. 

Ryan Kalamaya, one of the founding partners of innovative law firm Kalamaya | Goscha, has created a simple, step by step guide to the Colorado divorce process, so you know what to expect and how to best protect yourself and your assets.  

Each 5-minute episode will cover the process for divorce, parenting in a divorce, property division, and more. To watch the videos of each episode, click here.

About Kalamaya | Goscha

Kalamaya | Goscha is an innovative law firm with an award-winning team of trial lawyers specializing in highly personal disputes — divorce, child custody, property division, maintenance/alimony, pre-marital and marital agreements, and collaborative divorce — in Colorado. If you have additional questions or would like to speak to one of our attorneys, give us a call at 970-429-5784 or email us at info@kalamaya.law.

************************************************************************

DISCLAIMER: THE COMMENTARY AND OPINIONS ON THIS PODCAST IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES AND NOT FOR THE PURPOSE OF PROVIDING LEGAL ADVICE. CONTACT AN ATTORNEY IN YOUR STATE OR AREA TO OBTAIN LEGAL ADVICE ON ANY OF THESE ISSUES.