Child Support Modification in Denver Colorado
Denver CO Child Support Lawyers – Family Law Attorneys
When you are going through a divorce it can seem like a long, winding, and often times rocky road. This path starts with marital difficulties that can be very stressful and hard to handle emotionally, and then when you finally reach the decision to file for a dissolution of marriage, you are faced with a new set of challenges. You and your ex-to-be have to decide on the terms of the divorce, including the distribution of shared assets and debt, child custody and support, and things like possible spousal support payments. Understandably, when the dissolution of marriage becomes final you will invariably feel as though a formidable weight has been lifted from your shoulders.
However, it is important to realize that you are probably going to have to revisit some of the original terms of the divorce in the future. One post-divorce issue that frequently comes up is that of child support modification. Time doesn’t stand still, and the amount of child support that was appropriate on the day you were divorced is probably going to change over time. The income level of both you and your spouse is unlikely to stay the same, and the needs of the children will generally increase over time as well.
In the state of Colorado a modification of child support is in order when there has been what is termed a “material change of circumstances.” Such a change is defined as an alteration of the overall financial dynamic that would, when applied to the state guidelines, result in a change in the child support payment amount of at least 10%. It should be noted that child support modifications typically increase the amount that is called for because people generally earn more as they advance along a career path. However, if a job loss, a cut in pay, or a significant increase in the earnings of the custodial parent was to take place, a modification that reduced the payment amount could be in order.
If you have any questions or concerns about child support modification, don’t hesitate to contact a Denver CO divorce lawyer to arrange for a free consultation.
