The amount of child support, if any, to be paid by one parent to the other will depend on the number of children, earnings of each of the parents, the amount of overnights the children spend with each parent, the amount of spousal support (alimony) paid by one parent to the other, the cost of day care and health insurance for the children, the cost of health insurance, and the expense of any extraordinary expenses for the children. In Colorado, there is a formula established by the General Assembly for calculating child support. The formula is revised by the Colorado Legislature from time to time and takes into account the anticipated average costs for raising children. Costs taken into account include housing, food, clothing and transportation.
Related Topics: Adoption, Alimony, Allocation of Parental Responsibilities, Child Custody, Children’s Rights, Child Visitation, Custody, Divorce, Divorce Attorney, Divorce Law, Family Law, Family Law Attorney, Legal Separation, Parenting Plan, Parental Rights, Spousal Maintenance, Domestic Relations, Dissolution of Marriage