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.