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Affidavit of Defendant Spouse in Support of Motion to Amend or Strike...

Alimony Calculator For Colorado In Broward

Category:

Family Law - Divorce - Affidavits

State:

Multi-State

County:

Broward

Control #:

US-00004BG-I

Format:

Instant download

Description

This is a generic Affidavit to accompany a Motion to amend or strike alimony provisions of a divorce decree because of the obligor spouse's changed financial condition. 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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FAQ

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.

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.

How is alimony determined in Colorado? The longer the marriage, the more likely a court is to set alimony payments. One spouse can even obtain lifetime alimony if the marriage lasted for longer than 20 years, although this type of permanent alimony is becoming increasingly rare.

The person asking for alimony must show the court that he or she needs financial support, and that the other spouse has the ability to provide financial support.

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.

The court will honor the prenuptial agreement during divorce proceedings. To proactively avoid alimony payments, it is advisable to plan ahead. Prior to tying the knot, consider a prenuptial agreement that prevents the need for spousal support in the event of a divorce.

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 ...

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This Colorado alimony calculator makes Colorado maintenance calculations using the Colorado alimony formula. Online Colorado alimony calculator from Graham.Law.Learn about the types of alimony available in Colorado, how it's calculated, and the factors courts consider when awarding spousal maintenance. The Colorado Maintenance (Alimony) Calculator makes Colorado guideline maintenance calculations with one click of the mouse. Calculate alimony quickly and accurately with our state-specific alimony calculators. Get an estimate based on your state's guidelines for free. Get an estimate for alimony payments and duration. Get an idea on how much money a month you can expect to pay, and for how you can expect to pay it. Maintenance, or spousal support, is critical when a major life change occurs within family dynamics. Use our Colorado maintenance calculator.

Alimony Calculator For Colorado In Broward

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Is there a formula for calculating alimony?

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What voids alimony in Colorado?

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