It is very important for a parent to keep up with child support payments. Although it may be frustrating paying support to your ex-spouse, it is important to remember that the support is actually for the care and well-being of your child.
In establishing child support Colorado requires a determination of both parties’ incomes and the various costs of the child paid by each parent for items such as the child’s health insurance or day care. The Court can also take into account the best interests of the child and order the payor to pay a lesser or greater amount of child support after taking into account:
- The financial resources and needs of the child;
- The financial resources and needs of the custodial parent;
- The standard of living the child would have enjoyed had the parties stayed together;
- The physical and emotional condition of the child, and his educational needs; and
- The financial resources and needs of the non-custodial parent.
The majority of the time, however, the Court will follow the Colorado Child Support Guidelines (a statutory formula) in establishing or modifying child support. We are also able to effectively assist out-of-state clients with establishing child support and modifying child support issues that are still within Colorado jurisdiction.
It is important to review with your attorney what child support payments may be for the future. Our office can assist a party in planning for future payments whether that party is paying, or receiving, child support. We can also help determine what may, or may not be, “income” for child support purposes – since “income” for tax purposes, is not the same as “income” for child support.
If you would like to discuss your situation please contact the Law Office of Lynne A. Weitzel, P.C. to schedule your initial consultation. I can be reached by phone at 303-395-4773, or by filling out my consultation request form.