Denver, CO family law attorney Kristi Wells discusses the biggest challenges faced in Colorado high net-worth divorce cases. She notes that one of the biggest challenges in a divorce, particularly a litigated one, is document production. With potentially thousands of pages of documentation required to be exchanged, keeping track of all materials and fully understanding them is critical.

She has extensive experience in real estate cases involving multiple properties, where accurate disclosure of documents to experts is essential for valuing rental properties and rent rolls. Without proper documentation, parties risk being unable to substantiate their positions, especially when dueling experts provide conflicting valuations.

In Colorado, if a party fails to disclose material information relevant to the outcome of the case, the divorce can be reopened for up to five years after the decree. Because no one wants to go through a divorce twice, she emphasizes that ensuring all parties have the information needed to make informed decisions—whether in settlement negotiations or for the court—is crucial in managing complex or high-asset cases.