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

Alimony Calculator For Colorado In Maryland

Category:

Family Law - Divorce - Affidavits

State:

Multi-State

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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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.

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.

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.

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.

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.

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.

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.

The receipt of your share of the joint property, however, may disqualify you from receiving anything. For instance, if you and your spouse receive an equal share of the real property funds, the court is unlikely to grant you alimony.

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Online Colorado alimony calculator from Graham.Law. The following calculator provides an estimate of a potential alimony award in the State of Maryland.Calculate alimony quickly and accurately with our state-specific alimony calculators. Get an estimate based on your state's guidelines for free. Learn about the types of alimony available in Maryland, how it's calculated, and the factors courts consider when awarding spousal support. The Colorado Maintenance (Alimony) Calculator makes Colorado guideline maintenance calculations with one click of the mouse. 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. Learn about the types of alimony available in Colorado, how it's calculated, and the factors courts consider when awarding spousal maintenance. What Goes Into an Alimony Calculation?

Alimony Calculator For Colorado In Maryland

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