Denver-Boulder Metro Area Support Attorneys
Colorado family court wants to ensure fairness and self sufficiency when it handles a case. When a child has been born, she or he deserves the emotional and financial support of both parents. When a marriage has ended, both partners deserve the chance to get back on their feet financially. For this reason, the courts provide child support and spousal maintenance.
Child support is set by the court according to a mathematical formula. In some instances, spousal maintenance (sometimes called alimony) is also set by a formula.
If child or spousal support is an issue for you, the family law attorneys at the Lakewood law office of Diane S. Freed, P.C., will make sure that you are treated fairly by the court. To speak to an experienced, dedicated family lawyer, contact our office or call 303-462-0110.
How is child support calculated in Colorado?
The State of Colorado has implemented Child Support Guidelines. These child support guidelines take into consideration items such as:
- Gross income of each parent
- The number of children
- The number of overnights the children spend with each parent
- If there are any other children living with either parent
- If there is a child support obligation being paid for children other than the children of this family
- The cost of work and/or school-related daycare
- The children's health insurance premiums
- Other extraordinary expenses for the children
The philosophy behind Colorado's child support laws is that the child should be entitled to the same standard of living he or she would have had if the parents had stayed together. Click here to see a Colorado child support calculator.
The payment of child support is not deductible for the paying spouse and is not reportable income for the receiving spouse.
Spousal Maintenance
The spouse paying support is generally allowed to deduct these payments from his or her income tax. The spouse receiving support must report it as income on his or her income tax returns. But alimony may also be paid as a lump sum (called a "settlement"), in which case it is not deductible by the payor or taxable by the payee.
Modifications of Support Orders
Occasionally, financial situations change and it makes sense to ask for a modification of a child support or spousal maintenance agreement. A court will look at the change in financial situation and decide if it merits a change in the support order.
Learn More: See our FAQs
Whether you are getting divorced and need help with spousal maintenance along with the other issues of divorce, or you have established paternity and need help with child support for your child, contact the Lakewood law office of Diane S. Freed, P.C. We are happy to assist you.
