Illiquid Assets & Divorce | Episode 109

Ryan Kalamaya describes the difference between liquid and illiquid assets. According to Investopedia.com, “Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset’s price. …. Cash is considered the standard for liquidity because it can most quickly and easily be converted into other assets.”  Key Points in Episode:Examples of illiquid assets that are tangibleHousesCarsArtIntangible asset that is arguably liquid is cryptocurrencyIlliquid assetsPrivate businessesStock options and Restricted StockTrust InterestsPension plansIn a divorce we don't simply chop everything in half. We need to take into consideration liquidity, taxes, timing, etc.https://www.northerntrust.com/united-states/institute/articles/divorce-and-illiquid-assets-strategies-for-moving-forwardStep by Step Colorado Divorce GuideThe 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 | GoschaKalamaya | 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, 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. 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 [email protected]. ************************************************************************ 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.

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