Alimony Calculator For Colorado In California

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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

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.

The maintenance formula works as follows: Calculate 40% of the higher income earning party's gross monthly income. Calculate 50% of the lower-income earning party's gross monthly income. Subtract the 50% figure from the 40% figure.

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.

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.

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.

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.

More info

This Colorado alimony calculator makes Colorado maintenance calculations using the Colorado alimony formula. This California alimony calculator calculates California maintenance using the California county alimony formulas.Maintenance, or spousal support, is critical when a major life change occurs within family dynamics. Use our Colorado maintenance calculator. Complete the fields below and press calculate to estimate alimony. The figures presented are based on legal California alimony guidelines. Learn how to calculate alimony with factors, formulas, and statespecific guidelines. Understand earning power, marriage length, and more. California doesn't use a "calculator" for determining the amount of long-term spousal support. Calculate your Colorado alimony with ease.

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Alimony Calculator For Colorado In California