In this agreement, a former husband agrees to continue paying spousal support for another year due to a change in his former wife's financial circumstances.
Colorado Agreement to Continue Payment of Monthly Spousal Support
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Multi-State
Control #:
US-01446BG
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Word;
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How to fill out Agreement To Continue Payment Of Monthly Spousal Support?
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FAQ
Unlike some other states, in Colorado alimony doesn't necessarily end when the supported spouse cohabitates (lives with a partner in a romantic relationship). Cohabitation alone is not, by itself, reason enough to modify or end alimony.
As a general rule of thumb, the length of maintenance is about 1/3 to 1/2 the length of the marriage. The term of years is about 1/3 if the marriage is about 3 years and goes up to about ½ if the marriage is 12.5 years. In some instances, courts may award maintenance for life.
You will generally not be required to pay maintenance for more than half the time you were married. Once you've been married for 12 and a half years, the maintenance term becomes 50 percent of the length of the marriage. If you were married for 20 years, you could receive alimony for 10 years.
The general rule of thumb is that unless the divorce decree specifically states that the amount of maintenance is to never change (called ?contractual maintenance?), a court may revisit the amount ordered if there is a substantial (and continuing) change of circumstances that make the prior terms unfair.
Factors that go into alimony determination include each spouse's income and financial resources, the future earning capacities of the spouses, the length of the marriage, age and physical and emotional conditions of the spouses, and whether the spouse seeking alimony payments will obtain child support or property from ...
In Colorado, however, cohabitation does not automatically terminate alimony. There is an option for the paying spouse to file a motion with the court to terminate the alimony payments, however. They must then prove that the receiving ex-spouse no longer financially depends on the alimony.
Factors involved when determining alimony ing to a 9News report, Colorado courts calculate the alimony amount by taking 40 percent of the higher gross income and subtracting 50 percent of the lower gross income. The difference is then divided by 12 to determine the monthly alimony payment.
What Happens if I Stop Paying Alimony? Colorado law expects you to follow court orders. If you stop making payments, your former spouse can use the court to come after you. First, you'll likely receive written notice that you are bound by court orders to make your spousal support payments.