Colorado statutes allow for support to a former spouse. Alimony is different than child support offered to cover expenses for dependents. Although there are measures you can take to avoid paying alimony, typically, once alimony or spousal maintenance is awarded in Colorado, how long it will last depends on several factors. Not every situation is ruled the same way. Let’s look at some of the most common scenarios to determine how long your alimony lasts in Colorado.
Till Death Do You Part
There are times when alimony is ruled as a permanent support payment in Colorado. This is most commonly the case when a marriage lasts for more than twenty years. When this occurs, the spouse paying must send the agreed amount to the lesser-earning spouse until either partner dies.
Recipient Gets Remarried
No matter what the alimony term is in Colorado, the recipient stops receiving payments if they get remarried. The rule is effective in termed alimony payments, as well as lifelong payment schedules.
How Is Alimony Calculated?
To calculate alimony in Colorado, two aspects must be addressed. First, the spouse’s income is taken into consideration. Then, the duration of the marriage is examined. You can use the Alimony Calculator or figure out the estimate on your own. Colorado law requires alimony payments equal to 40-percent of the two parties’ combined adjusted gross income minus the lower-earning party’s adjusted gross income. However, there are some exceptions where these formulas are not taken into consideration.
Alimony Does Not Apply If…
A Couples Income Exceeds $240,000
If either you or your ex-spouse’s income is above $240,000 a year, the courts will not follow the same alimony guidelines. Instead, you will need to consult counsel to find out the requirements for your alimony payments.
The Marriage Was Less Than Three Years
Additionally, spouses in Colorado are not eligible for alimony if the marriage lasted less than three years. On the other hand, if your marriage existed for over twenty years, the spouse can get permanent alimony support that will last until one of the partners dies or gets remarried.
I am seeking a…..
A divorce is never a pleasant time, but with the right support, you can get through this. Thomas Ramunda Jr. has dedicated his life to supporting others during these difficult times. With more than 25 years of experience in family law, he knows how to provide you with the advice you need. Whether you need guidance about child support agreements, divorce mediation, or alimony payments, you can count on the professional team at South Denver Law. Contact Thomas Ramunda for your consultation.
We have a Parker/Main Office location that provides a convenient way to get your consultation. Find us at 19590 E. Mainstreet, Suite 103, Parker, CO 80138. Call 303.840.2700 and schedule your meeting today.
We also have a Denver, Colorado location. You can visit us at the Denver Tech Center, 4610 Ulster Street, Suite 150, Denver, Colorado 80237. Call 303.840.2700 and schedule your consultation today.