Gross income is number that must be determined for each parent as a starting point for purposed of computing child support. Colorado Revised Statutes attempt to define what revenue to each party is considered and excluded from gross income in divorce and support calculations. For example, interest and dividends are specifically included in income, even if they…
Monthly Archives: February 2011
Everyone wants their divorce mediation to be successful. A good first step is to set your emotional mindset toward a bright future. Your objective is find a resolution that allows you to move on in life and if you come into the mediaiton with good intentions, you will find a settlement that allows you to close that chapter…
The Colorado legislature periodically makes changes to the child support guidelines and the methods of calculation for divorcing parties, partners who co-parent children after separation. If you previously had a divorce decree and support order entered and are now seeking modification of the previous order, you should contact a professional divorce mediator at Divorce Help Center to…
C.R.S. 14-10-112(1)(a) allows modification of an existing child support order only upon showing that there has been a change in circumstances that are substantial on continuing since the previous divorce order or support order. “Substantial” change requires at a minimum a 10% change in the amount of child support due per month when compared to…
The Social Security Act contains an anti-assignment clause that prohibits assignment of benefits even in a divorce. Therefore a divorce court cannot order distribution of part of a spouse’s future retirement social security benefits as marital property. Nor may the court consider it as an indirect offset as part of the overall marital property distribution…
If parties’ combined income exceeds $75,000 in a divorce proceeding, a party seeking maintenance MUST meet a two-pronged test in order for a Court to approve any spousal support award. Contact a divorce mediator at Divorce Help Center to help evaluate your situation. The court must FIRST find the spouse lacks sufficient property to provide…