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How Much Can You Expect to Collect on Spousal Support?

Wednesday, 19 January 2011

blog-logoAre you trying to figure out if you are eligible for spousal support in a Colorado divorce?  A lot of people are so focused on their property settlement agreement, custody and child support that they don’t even consider spousal maintenance or alimony when their marriage dissolves, but there are many instances where this type of support is warranted.  This is where having a spousal support attorney can be very helpful. 

Below I will outline the various types of spousal support available in the state of Colorado.  A divorce or spousal support attorney will be able to look at your financial situation and help you determine which type of support request is realistic.

Temporary Spousal Support (Maintenance):  When a couple’s combined household income is less than $75,000, and there is a wide disparity between the incomes of each spouse, the lower-earning spouse may be awarded spousal maintenance until final orders.  Colorado courts will use a specific percentage-based formula to determine the amount of temporary support.

Permanent Spousal Maintenance:  This type of support is less formulaic, so judges can use their discretion when considering if it is appropriate.  In many cases, permanent maintenance can be avoided by simply giving the lower-earning spouse a greater share of the marital assets in a property settlement.  Keep in mind that the income used to pay spousal maintenance is tax-deductible for the payer and taxable to the receiver.  A spousal support attorney can help you determine which option is a better decision, financially.

Whether you are in the early stages of divorce or looking to modify an existing spousal support order, a Colorado spousal support attorney will guide you through the process.

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