Colorado’s new maintenance law (also commonly referred to as alimony) went into effect on January 1, 2014. The Colorado court’s will apply the following formula in determining an award of maintenance:
1. The combined incomes of the parties are less than $240,000.00 annually.
2. The parties have been married for at least three years.
3. The monthly amount to be paid is determined by taking 40% of the monthly gross income of the higher earning spouse minus 50% of the monthly gross income of the lower earning spouse.
4. The duration of the maintenance award is determined by the length of the marriage.