Oftentimes parents will ask, “Well why do I have to maintain life insurance if I’m going through a divorce and we have children? Why do I need life insurance?” There are two ways I have seen that a court will enter orders for a parent or parents to keep life insurance in effect. One is […]
This topic involves the changes to the spousal maintenance statute in Colorado. Colorado has a very unique statute that deals with spousal maintenance. It’s found in Colorado revised statute 14-10 114. And this statute was passed on January 01, 2014 to provide the court with advisory guidelines that take into consideration a number of factors […]
If you are about to file for a Divorce in Colorado or you have a pending Divorce that has already been filed, you will want to have a complete understanding of Colorado’s Spousal Maintenance law, which is found in Section 14-10-114 of the Colorado Revised Statutes. In many states, this area of the law was […]
If a party in a divorce cannot support themselves without their spouse, they may qualify for spousal maintenance, also known as “alimony.” Spousal maintenance is only appropriate if “a spouse needs support and the other spouse has the ability to pay support” (CRS. 14-10-114).
In many divorce cases, an ex-spouse will receive spousal support for a duration of time. This financial obligation can be re-assessed for a variety of reasons, including financial hardship of the supporter and any evidence that contradicts the need for financial assistance. A common law marriage can most certainly terminate the need for spousal assistance. […]
The Legal Forecast for 2014 In 2014, two major developments will take place in Colorado. First (and most famously), Colorado will legalize the recreational use of marijuana. Second, the State will enact new guidelines pertaining spousal maintenance. Both laws have major consequences for family legal matters, especially divorce.
There are some significant changes coming to Colorado’s Family Laws in 2014. The biggest news will be the implementation of CRS Section 14-10-114, entitled, “Spousal Maintenance-guidelines” The statute will allow a judge to make a determination, whether a party in a dissolution of marriage, legal separation or declaration of invalidity of marriage proceeding, has to […]
Financial stability is a major concern of many people going through divorce. Shared life and finances may have allowed one spouse to stay at home to raise children, making the prospect of becoming financially self-sufficient very daunting. Circumstances may actually make some individuals unable to work and financially support themselves.
Alimony comes from the Latin word, “alimonia“ meaning sustenance and means, therefore, “the sustenance or support of the wife by her divorced husband and stems from the common law right of the wife to support by her husband.” Allowances which husband, by court order, pays wife for maintenance while they are separated or after they […]
