Colorado Child Support Guidelines are in place to ensure children get what they need. These guidelines work with the parents’ incomes to ensure their children receive adequate resources. A formula for these guidelines determines the cost each parent would have contributed, given that the spouses didn’t separate. When figuring out the percentages, there are numerous factors considered.
How Child Support Is Calculated in Colorado
- Number of children: It costs more to care for multiple children versus just one. The formula roughly pays out 20% for one child and an additional 10% for each additional child from the parents’ combined gross income.
- Number of overnights the child spends with each parent: For each overnight visit, it has to be assumed that the parent provides the care and needs for the child.
- Gross Income:
– Custodial Parent: This parent will not have to pay child support, but will instead be receiving the payments.
– Non-Custodial Parent: The parent responsible for supplying child support payments for the minors’ daily care.
- Monthly child support is supplied for children or alimony that is paid to a spouse from a previous marriage.
– Non-Custodial Parent: If this parent is currently paying other payments, this is taken into consideration.
– Custodial Parent: The gross income is adjusted to account for other payments being made.
- Expenses, including health insurance or daycare paid by:
– Custodial Parent: These additional expenses will be factored into the child support payments and split appropriately.
– Non-Custodial Parent: This parent makes the payments to the one in charge of providing the care.
Modifying Child Support in Colorado
A child support modification in Colorado is possible if you have an existing order. These modifications can be done either way – upward when the custodial parent asks for more, or downward if the paying parent wants to reduce payments. To get a modification, the parent must show the change of circumstances that would make the adjustment fair.
It’s also possible to request a child support modification if new circumstances come into play, such as medical insurance deductibles, child care, etc. Additionally, if the custody arrangements have been altered, it might be time to modify the child support agreement. With Thomas Ramunda’s 25+ years of experience, you can get assistance with the right modifications for your situation.
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Denver Divorce Lawyer
If you need guidance with your Denver, Colorado child support, it’s time to call Thomas Ramunda at South Denver Law. 4610 Ulster Street, Suite 150, Denver, Colorado 80237 (Denver Tech Center), and ready to serve you. Don’t attempt to navigate child support arrangements in Colorado alone.
Parker Divorce Lawyer
Thomas Ramunda has the experience you need when dealing with child support in Parker. Visit us at 19590 E. Mainstreet, Suite 103, Parker, CO 80138 (Parker/Main Office).