Drastic Changes To Colorado Alimony Laws

The amount and duration of alimony in Colorado has been standardized for all family law courts in the state, as part of new alimony legislation. Prior to the passage of House Bill 13-1058, Colorado alimony (renamed “spousal maintenance”) awards varied greatly from judge to judge and were left to the discretion of the court. The new legislation provides a well-defined, clear-cut formula for the first time in the history of Colorado alimony laws. The Basic Calculation If a couple makes $300,000 or less, the formula is 40 percent of the higher income earner’s adjusted gross income, less 50 percent of Read more