This is an agreement in which Spouse A (the spouse who is ordered by the court to make alimony and/or child support payments to Spouse B) must put assets (the principal) in a trust, from which the payments are made to Spouse B.
This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
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Yes. In any Colorado divorce case, the court expects that its orders will be followed. Orders regarding alimony are no different.
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 ...
The easiest way to get out of paying alimony is to have a frank discussion with your spouse about your situation. You may be able to reach an agreement between yourselves (even if it requires a little negotiating). You can also show the court that your spouse is perfectly capable of supporting him- or herself.
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 amount of support can be negotiated and agreed upon by the parties involved as long as it is not unconscionable. Additionally, maintenance can always be waived, and a party can use the waiver of alimony as a bargaining tool to receive a particular marital asset or some other benefit.
In order to avoid paying spousal maintenance, you must show the court that your former spouse does not need it. Spousal maintenance is not mandatory in Colorado. In fact, you may not have to pay it if you can show the court that your spouse can support themselves following the divorce.
