Colorado Maintenance Formula:
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Spousal maintenance (formerly called alimony) is court-ordered financial support paid by one spouse to another after divorce. Colorado uses a specific formula to calculate temporary maintenance amounts.
The calculator uses the Colorado maintenance formula:
Where:
Explanation: The formula aims to allocate 40% of the combined income to the lower-earning spouse, with maintenance making up the difference if their income is below this threshold.
Details: The calculation provides a guideline for temporary maintenance during divorce proceedings. Courts may adjust amounts based on specific circumstances.
Tips: Enter gross monthly incomes (before taxes and deductions) for both spouses. The calculator will determine if maintenance applies and the suggested amount.
Q1: Is this calculation binding in court?
A: No, it's a guideline. Judges may deviate based on factors like duration of marriage, standard of living, and financial resources.
Q2: What's the maximum maintenance amount?
A: Maintenance cannot exceed 40% of the paying spouse's income after subtracting child support obligations.
Q3: How long does maintenance last?
A: Duration depends on marriage length. For marriages under 3 years, maintenance is typically half the marriage length.
Q4: Does maintenance affect child support?
A: Yes, maintenance is considered income to the recipient and a deduction for the payer in child support calculations.
Q5: Are there exceptions to the formula?
A: Yes, courts may adjust for factors like significant assets, disability, or if the formula would be unjust.