Parents owe a duty of support for their children. As such, you may be ordered by the Court to pay child support or you may be the recipient of child support paid by the other parent.
To determine the appropriate amount of child support, Colorado has established a formula that considers, amongst other factors, each party’s income, the amount of time each party spends with the children, the children’s portion of medical insurance paid for by a parent, and child care expenses.
While the formula appears to be simplistic, each factor in the child support calculation requires careful analysis and consideration. By way of example, in the determination of income, a party’s income may or may not include overtime pay, bonuses, or pay from a second job.
Additionally, while the formula establishes a presumed amount of child support, there may be times where the formula child support is not appropriate.
At The Law Office of Cheryl A. Miller, P.C., we can help you calculate child support specific to your situations. Call us today for a free 20 minute phone consultation.
Maintenance / Alimony
In certain situations, maintenance may be appropriate if one spouse needs supports and the other spouse has the ability to pay support.
While Colorado has created a formula to determine the amount and the length of maintenance, the formula is merely advisory and need not be applied.
Using our experience and knowledge with the law and the application of the law by the judges, we can help you determine if maintenance is appropriate in your situation and if so, we can help you in determine the amount and duration of maintenance.
Call us today for your fee 20 minute phone consultation.