Colorado Maintenance is what we now call alimony, support, or spousal support. The "threshold requirements" to qualify for maintenance are:
1. After division of property, there is insufficient property to care for
his/her reasonable needs; and
2. Inability of one spouse to support him/herself through appropriate employment and the ability of other spouse to pay support.
Colorado Maintenance is based on the specifics of each case and the discretion of the Judge. The facts that the Judge will consider are:
1. The financial and non-financial contribution of each party to the marriage;
2. The age and health of the parties;
3. The duration of the marriage;
4. The specific sources of income and the standard of living of the parties during the marriage;
Other considerations with Colorado Maintenance are that it ends upon death/remarriage unless stated otherwise in the final orders. Similarly, if maintenance is to end upon cohabitation, rather than remarriage, the agreement must specify this.
Colorado does not have a statutory calculation for Permanent Maintenance. However, if the parties joint income is less than $75,000/year, Colorado does have a Temporary Maintenance Calcuation. For the calculation and to learn more about Colorado Maintenance, contact us at The Harris Law Firm www.harrisfamilylaw.com.