Colorado – June 22, 2021
It is important for separating spouses to maintain fiscal stability as they divide property and change living situations. Alimony is the court-ordered provision of spousal support to maintain financial stability after a divorce and is dependent on multiple individual case factors. Consultation with experienced spousal support attorneys at Anderson Barkley Law Firm may reduce anxiety for divorcing parties who require financial support from a soon to be ex-spouse.
Alimony after divorce.
In the State of Colorado, a spouse may hire an attorney to file an alimony order if they do not have enough money to provide for reasonable needs, are unable to be self-sufficient through attainable employment, or lack skills to be self-sufficient, and/or are unable to work outside of the home due to childcare responsibilities. Maintenance orders are usually filed by the divorcing spouse who needs financial support from the spouse who as the ability to pay. Consideration will be given to:
- Standard of living established throughout the relationship and marriage,
- How long the individuals have been married,
- Age of divorcing parties,
- Employment and earning ability,
- Physical and emotional health.
Maintenance focuses on a relationship where one spouse was able to advance their career and economic potential while the other spouse contributed to the marriage in other ways.
Colorado courts use a maintenance formula to value support amounts in marriages that have lasted three years, or more. Marriages under three years would have to show some extreme reason to receive support such as pausing a career to have a child, or moving to a new place where employment was not easy to obtain. Alimony attorneys in Denver will make certain that all factors surrounding the marriage are brought to light so clients will receive the necessary support they need during a transition, or for longer in some cases.
Types of alimony.
Family law attorneys in Denver can explain the differences in the types of alimony as pertains to a divorce action in the State of Colorado including:
- Temporary. Financial support from one spouse to the other during the divorce process.
- Permanent. A permanent, or continuous award for spousal maintenance is one that has no ordered termination date. This type of alimony is ordered when one of the spouses is too old to be reasonably expected to enter the workforce, or is suffering from a disability that reasonably prevents them from working.
- Reimbursement. This type of alimony occurs when one party is essentially compensated for the investment they made in the other person, such as helping pay for their education, or supporting them as they set up, or grew a viable business. A court may place a certain monetary figure on this type of support to be paid over a period of time to fully compensate for their time.
- Rehabilitative. The most common kind of spousal maintenance is a rehabilitative award. One of the spouses may have made sacrifices so the other could continue to work while the children were young, or worked part time to cover childcare duties. Many times a spouse may put off getting a college degree because of family obligations. In this type of support, a Court may order alimony long enough for that person to finish a degree, or go through training to access a higher paying job, or career goal. There may be a date set, or the judge may order the award of spousal maintenance to stop when certain conditions are met.
Seek legal counsel.
Spousal support attorneys at Anderson Barkley Law will guide divorcing parties through the process of identifying instances when alimony is required, requesting the type of, and length of time it will be needed, in accordance with Colorado laws.
Anderson Barkley Attorneys at Law
3900 E. Mexico Ave., Suite 300
Denver, CO 80210
Phone: (720) 506-1764
Fax: (303) 927-0809