Legal Question in Family Law in Colorado
Asset item listed in Divorce 2003
In our uncontested dissolution (May 3 2003) of marriage we listed under assets our 60' motor yacht valued at $400,000 but we did not disclose exactly how we were to deal with it. My husband and I listed it under personal property and that we have agreed to settlement. Verbally but not on paper 50/50 costs until it sold. My husband has not held up to his part instead he has abandoned his interest leaving all expenses and care to me for the past 4 years but when I request for him to pay up his part he refuses but insists of half of the yacht is still his. I would like the courts to award me title to the yacht. What do I need to do to get this done? Is he in content of court for not doing what he said for the past 4 years? Do we need to readdress our settlement and clarify the division of the yacht? What forms do I need? I do not live on the yacht but do maintain it on a regular basis. The yacht is for sale and we need to clear this up prior to selling.
1 Answer from Attorneys
Re: Asset item listed in Divorce 2003
Yes, your ex is legally responsible for adhering to the court order at issue. You have rights if he fails to do so. You should consider retaining legal counsel ASAP to rectify the unfortunate set of circumstances you are facing in order to effectively preserve them before its too late.