Proving Separate Property in a Divorce with Andy Baum | Episode 29

The division of property in a divorce can be confusing and convoluted. Many clients wonder if their stock portfolios, or business that they had before marriage counts as separate property or marital property.

Ryan Kalamaya and Andy Baum, a CPA and family law expert witness with Harper Hofer and Associates, to discuss property tracing and how separate and marital property is determined in Colorado.


In This Episode:

Definition of marital property and separate property
What is property tracing?
How can a financial expert trace stock portfolios in Colorado?
Can separate property increase or shrink in value in a marriage?
What happens to property that is funded from a separate property account?
Breakdown of how debt is split up when separate property is used as collateral
The difference in appreciation equity and direct equity in terms of separate or marital property
When tax liability is considered separate property versus marital property

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About Andy Baum

Andy Baum is a CPA licensed in Colorado & California and holds ABV and CFF credentials. After discovering his passion for forensic and valuation skills at the largest family law forensic accounting firm in California, Andy and his family moved to Denver and accepted a position at Harper Hofer and Associates. He also helps with estate planning, business valuations outside of family law, damages, and trust valuations.


What is Divorce at Altitude?

Ryan Kalamaya and Amy Goscha provide tips and recommendations on issues related to divorce, separation, and co-parenting in Colorado. Ryan and Amy are the founding partners of an innovative and ambitious law firm, Kalamaya | Goscha, that pushes the boundaries to discover new frontiers in family law, personal injuries, and criminal defense in Colorado.

To subscribe to Divorce at Altitude, click here and select your favorite podcast player. To subscribe to Kalamaya | Goscha's YouTube channel where many of the episodes will be posted as videos, click here.

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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 ISS