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September 2017 Archives

How is child support calculated in Colorado?

Child support payments are not a penalty imposed on parents who do not have physical custody of their kids. In fact, child support payments are an opportunity for custodial and noncustodial parents alike to provide their kids with the support they require to thrive and live successful, happy lives in the wake of their parents' separations and divorces. This post will generally discuss how child support is calculated in Colorado but readers are cautioned to seek their own legal advice on matters relating to their specific family law questions.

Parental responsibilities can vary based on facts of custody case

How children will be raised and shared between their parents is often a major concern for Colorado residents who choose to go through divorce. In Colorado courts are involved in the process of ensuring that the divorce litigants understand their parental responsibilities, otherwise understood as their custodial rights, during and after their marriages have ended.

Money matters are paramount during a divorce

Most people work their entire lives to build up their wealth, save for the future and then enjoy their retirement years without having to worry about where their money will come from. When they plan for the future some Colorado residents are able to build significant nest eggs that can not only allow them to maintain their standards of living but also enjoy the freedom that comes with retirement without employment. A well-planned retirement strategy can withstand many financial storms but one legal issue can hit a person's accumulated wealth like a Category 5 hurricane: divorce.

Will I receive enough alimony to maintain my standard of living?

Although divorce is a legal process it affects more than a person's status as single or married. It may wage an emotional war on their energy and happiness and it may significantly change the way that they look at their assets and money. In Colorado marital couples that choose to divorce must divide up their property, figure out how they will share their children, and in some cases determine if either of them should receive financial support from the other after their divorce is finalized.