Alimony Calculator For Colorado In Clark
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Once the court deems that spousal maintenance is appropriate, then it determines the amount and length of alimony based on the following formula: The amount of alimony is equal to 40% of the higher-income party's monthly adjusted gross income, minus 50% of the lower-income party's monthly adjusted gross income.
If you can establish that your spouse can financially support themselves after the divorce, you may not be required to make spousal support payments. The court will consider various factors, such as income disparity and duration of payments, when determining the necessity of spousal support.
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.
Under Colorado's alimony statute, alimony can be terminated in a few ways: ing to any contract established by the parties involved, when one party passes away, or if the party receiving alimony remarries.
Self-sufficiency of the Requesting Spouse: If the spouse seeking alimony is young, healthy, has a good education, or possesses marketable skills that enable self-sufficiency, the court may determine that maintenance is not necessary – do note this outcome is extremely rare and unlikely.
First, take both parties monthly, adjusted gross income and add it together to get their combined, monthly adjusted gross income. Multiply that number by 40%. Subtract the lessor-earning spouse's monthly adjusted gross income. If the number is zero or less, there is no maintenance payable.
40% of the high earner's net monthly income minus 50% of the low earner's net monthly income. For instance, if Spouse A earns $5,000 per month and Spouse B earns $2,500 per month, temporary spousal support might be calculated as follows: 40% of $5,000 = $2,000. 50% of $2,500 = $1,250.
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.
