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Being Rich Means an Expensive Divorce! If you have a high asset marriage, be ready for a high asset divorce. Amazon founder and CEO Jeff Bezos is the richest person in the world, sitting atop the Forbes 400 list with an estimated net worth of $160 billion in 2018 (his fortune fluctuates…
Effective January 1, 2019, the minimum wage in Colorado has increased from $10.20/hr to $11.10/hr. For those of us imputing income to a parent or spouse with minimal work experience, that means we now use a figure of $1924/mo for a full-time 40-hour week. Per the voter-approved Amendment 70, minimum wage will…
Since time immemorial, there has been an alimony tax deduction, making spousal maintenance taxable to the payee (add income on line 11 of the IRS Form 1040), and tax-deductible to the payor (deduct on line 31. As a result of the 2017 “Tax Cut and Jobs Act,” that is no…
If it’s almost January, it’s almost time for the military’s annual pay raises. On Friday, December 14, the Pentagon announced the new 2019 rates for BAH, the military’s Basic Allowance for Housing, and it’s a 2.5% increase. This increase is in addition to the previously-announced 2.6% annual pay raise for 2019 included in the…
In The Tempest, Shakespeare wrote “Misery acquaints a man with strange bedfellows.” In recent years, that phrase has been reworded to “Politics makes strange bedfellows.” The literal meaning of the quote is that people with nothing in common may come together solely because of shared political interests. Today’s new story about…
NOTE – On January 11, 2021, the Colorado Supreme Court issued its long-awaited decision in Hogsett, and has replaced the Lucero standard for determining whether there is a common law marriage. See our new blog post for a full discussion of this important case. Can same sex couples have a…
Who are we? Not just another new firm, but the same, established team you have known for years. Black & Graham has divided into two practice areas, and Graham.Law was the family law practice within B&G. Our managing partner, Carl O. Graham, managed the prior firm’s family law practice for…
