Colorado Alimony
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Colorado Alimony

Colorado alimony is dependent to interpretation and the impulse of the courts.

However, there are creative ways to bend the system in your favor because alimony in Colorado is subjective.

Colorado Alimony is tricky because it's typically the most controversial area in a divorce.

Most men are fine financially supporting a wife when they're married, but get indignant having to financially support an ex-wife.

Why does the court in Colorado grant alimony? Typically to correct what they see as a monetary imbalance. Could you be on the hook for alimony?

If you make significantly more income than her and have been married for several years, you'll likely be on the hook for some alimony.

The level of alimony you'll pay and for how long is dependent on the approach and strategy you use. There are always methods you can use to reduce or even eliminate alimony.

Men typically believe alimony is just a monthly payment, when a"one-time" lump sum payment also is a option you can use.

Assets like your savings, any real eColorado, 401K plans, and any pension you have also become part of alimony.

You should also know that alimony and the division of assets are linked, making it better to "pay her off" rather than making monthly payments for years.

There are two types of alimony:

Which is method is best? That depends on your situation. The point is to know your options and pursue the path that's best for you because every situation is unique.

Avoid the mistake of not understanding your options, so get the facts and put together your best strategy.

With a good strategy, it's possible to get your alimony close to zero!

Alimony payments are tax deductible to you and become taxable income oto your ex.

Because there may be tax advantages to paying alimony, you may want to consider it as a bargaining chip even if a judge wouldn't ordinarily award it in your case.

Men should get creative when it comes to alimony and negotiate it as part of their overall divorce settlement.

Unlike child support, alimony is not regulated by law and is purely up to the parties to negotiate a deal. Failure to reach deal will result in a judge deciding alimony for you.

If that happens, your ability to reach a fair deal is gone and you're now at the mercy of a judge. You need a plan to make sure this doesn't happen to you.

To discover how to effectively deal with Colorado alimony and how to lower or even eliminate it, we suggest you take a look at Matt OíConnellís best selling guide and its in depth look at Alimony: