Will Spousal Maintenance Be Part Of Your Divorce?
Dividing the assets and income of a marriage is one of the most difficult parts of a divorce. Both spouses contribute to the marriage in different ways, some of which is hard to put a value on. That is why the court will sometimes award spousal maintenance, also known as alimony. To find out if you will be paying or receiving spousal maintenance, review your case with an experienced family law attorney.
The attorneys at Pearman Law Firm, P.C., are ready to help you analyze your divorce matter to determine whether spousal maintenance will likely be part of it. Our lead attorney has been helping residents of Wheat Ridge and the surrounding communities for over 30 years. We can help you find answers to your divorce questions.
Understanding The Role Of Spousal Maintenance
Spousal maintenance serves a specific purpose during and after a divorce. It helps level the economic field for both spouses so that neither spouse leaves the marriage at a large economic disadvantage. When deciding on spousal maintenance, the court looks at two main factors:
- The income of both spouses – The basic formula adds both spouse’s incomes, takes 40% of that total, and subtracts the lower-earning spouse’s income from that amount.
- How long the marriage lasted – Courts rarely apply maintenance when marriages lasted less than three years.
Although the laws provide guidance to the court on how to apply Colorado spousal maintenance, these laws are only advisory and not required. The judge has discretion regarding when and how much maintenance to award.