Ensuring Financial Stability After Your Divorce
Divorce is a huge next step in your life. Naturally, you may be concerned about your financial future amid all of the other changes. Whether your former spouse is seeking alimony or you are, Laura Kendrick can help you fight for what is fair.
A longstanding family law firm in Denver, Kendrick Family Legal Solutions, LLC, is known for taking on complex and contentious divorce cases. Attorney Laura Kendrick has practiced for over a decade, helping clients in the Denver area either win spousal support or fight for fairness in the face of a request for spousal maintenance.
How Is Alimony Determined In Colorado?
Spousal maintenance helps ensure that the financial needs of each spouse are met after a divorce through a court-ordered payment from a higher-earning spouse to a lower-earning spouse. However, maintenance is not guaranteed, even when one spouse makes more than the other.
Colorado courts determine alimony using a formula that considers various aspects of each party’s lifestyles and financial resources, including:
- Individual income
- Employment and ability to work
- Ability to support themselves independently
- Ability of paying spouse to meet needs while paying maintenance
- Standard of living during the marriage
- Duration of the marriage
- Age and health of both spouses
The court will also consider economic contributions to the marriage and any income from separate or marital property. A judge will then use advisory guidelines as a starting point when calculating spousal maintenance. However, the judge has the discretion to calculate maintenance based on the circumstances of each party.
The parties may modify spousal maintenance at any time due to a change in circumstances, such as a new job or loss of income. Maintenance ends with remarriage, death or if the parties agree to terminate the payments.
Working With You To Protect Your Future
At Kendrick Family Legal Solutions, LLC, Laura Kendrick will work closely with you to fully understand your financial situation and concerns. You deserve to start your new life with financial security. Laura has over a decade of experience and has a deep understanding of how Colorado calculates maintenance and what judges look at. This experience is invaluable when your financial future may be on the line. Contact her today at 720-759-3216 or via the online form to schedule a consultation.