Add a Calculated Field Legal Colorado Alimony Forms For Free

You need to have been married at least three years to be eligible for spousal maintenance. If, for example, the higher income party grosses $50,000 per month while the lower earner grosses $5,000, then that person is eligible for up to $17,500 in monthly support.

How to write up a spousal support agreement Decide on amount and how it will be paid. How much one person will pay the other each month. Write-up your agreement. Sign and make copies of the agreement. Take your agreement to get judge's signature and pay fee. Get back signed agreement and give copy to your spouse.

Calculation of Alimony in Colorado The amount of alimony is calculated by taking 40 percent of the higher income earner's month gross income and subtracting 50 percent of the lower earning spouse's gross income. This provides the calculation of the guideline's recommended monthly maintenance payment.

A wife has the same rights as her husband to seek her fair share in divorce matters, such as property division and alimony (spousal maintenance). Each of these issues is determined separately during divorce, with its own guidelines and factors to consider.

Consider Statutory Factors Financial resources of the spouse paying maintenance, including actual and potential income on property set aside to that spouse, and the ability of the spouse to meet his/her needs while paying maintenance. The lifestyle during marriage. Distribution of marital property.

Alimony generally ends upon the death of either party or the recipient's remarriage, as stated in the Colorado Revised Statutes. Legal action may be required to stop payment and collection in certain cases. If the paying spouse is garnished, promptly file a motion to terminate maintenance and income withholding.

There's only one (very narrow) scenario where adultery might affect a Colorado alimony award: When a spouse commits marital misconduct that affects the couple's financial situation, the judge might consider the misconduct when awarding alimony or divides property.

The maintenance formula works as follows: Calculate 40% of the higher income earning party's gross monthly income. Calculate 50% of the lower-income earning party's gross monthly income. Subtract the 50% figure from the 40% figure.

Length of marriage and its effect on spousal support Guidelines are provided for marriages between three and 20 years, as follows: 3 years: 31% of combined adjusted gross income for 11 months. 5 years: 35% of combined adjusted gross income for 21 months. 10 years: 45% of combined adjusted gross income for 54 months.