The amount awarded may also be modifiable or non-modifiable depending on the court’s determination and what the parties contractually agreed to during divorce negotiations.
Colorado Alimony: What You Should Know Before Divorce
Alimony is support paid from one spouse to the other, either in one lump sum or in installments.
Alimony can be permanent or temporary and is designed to provide the lower-income spouse with money for living expenses that were customary during the marriage.
Not every divorce requires alimony. The length of the marriage, needs of one spouse and ability of the other spouse to pay are key factors.
However, there are many statutory factors to be considered and one should consult with a lawyer to fully understand the different types of alimony and whether they are applicable to your situation.
For this reason, it is important for you to retain legal counsel as soon as possible. To start discussing your case with an attorney, call the Defensora Law Firm today at (720) 598-8800.