Temporary Spousal Support (Maintenance): When a couple’s combined household income is less than $75,000, and there is a wide disparity between the incomes of each spouse, the lower-earning spouse may be awarded spousal maintenance until final orders. Colorado courts will use a specific percentage-based formula to determine the amount of temporary support.
Permanent Spousal Maintenance: This type of support is less formulaic, so judges can use their discretion when considering if it is appropriate. In many cases, permanent maintenance can be avoided by simply giving the lower-earning spouse a greater share of the marital assets in a property settlement. Keep in mind that the income used to pay spousal maintenance is tax-deductible for the payer and taxable to the receiver. A spousal support attorney can help you determine which option is a better decision, financially.
Whether you are in the early stages of divorce or looking to modify an existing spousal support order, a Colorado spousal support attorney will guide you through the process.
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