Calculating child support

In divorces or separation cases where children are involved, the court takes asset allocation very seriously. Its primary concern is ensuring the best interests of the children are protected. That may mean that a parent who is more financially secure than other may be responsible for child support payments. 

Regardless of the parties’ financial status, the court will work to ensure that both parties are aware of and agree to a financial plan for the children. This can include a range of things like who will pay for health care insurance, doctor’s visits, extracurricular activities, and more.

If you or a loved one are considering a divorce but you aren’t sure if you’ll be able to afford raising children without your former spouse’s help, the state of Colorado has developed a useful online calculator that may help you determine how much child support you may receive or have to pay. While the calculator may help you get an initial idea of your financial landscape, it’s best to discuss child support and all of your options with your attorney, who can help advocate for the best results for both you and your children.

Similarly, if you are having issues collecting your child support, contact your attorney to discuss your options. You may also want to research the range of resources that the federal and state government share to help parents who are having difficulty collecting child support payments.