Simply being unemployed at the time of a hearing does not necessarily make imputing income to that parent appropriate. And that’s especially true when the parent is enrolled in full-time education. In Settles, both parents were full-time students at the time of divorce: the father, a former medical doctor who…
The Colorado Court of Appeals last week issued a new ruling on the interplay between imputation of income and voluntary unemployment which will make bringing contempt cases for non-support more complicated. (Note that this particular case involved voluntary underemployment, not voluntary unemployment, but the analysis is the same either way)….
While the federal minimum wage remains stuck at the same $7.25/hr it has been since 2009, many states have now left that figure in the dust, Colorado included. The Colorado Department of Labor has announced that on January 1, 2022 the state minimum wage will increase to $12.56/hr, from the…
Capital gains counts as income for purposes of both child support, (5)(a)(I)(N), and maintenance, (8)(C)(I)(N). We even have a full article on capital gains and other investment income in the Colorado Family Law Guide discussing the various ways courts have interpreted this provision, and how they calculate capital gains. But…
Last month the Colorado Court of Appeals considered the appropriateness of a trial court including in a party’s income undistributed business earnings never actually paid to him, or “phantom income.” In Hills, the husband had a 2% partnership interest in a company. but as an “economic unit partner”, he was…
What is a High Income or High Asset Divorce? High asset & high income divorces have issues which attorneys and clients alike may not necessarily think about in a “normal” divorce case. And as we explain below, cases involving affluent clients differ from other cases from the very start, both…
Another year, and that means more annual Cost of Living Adjustments (COLAs) for military across the board – active duty, reservists, military retirement, and VA disability. Active Duty & Reservist Military Pay Increases The military received a nice 3% pay increase for 2021 – see the 2021 military pay chart….
VA Disability Payments are Income The Colorado Court of Appeals just issued a new decision in what it characterized: “As a matter of first impression in Colorado, whether a provision of the Uniformed Services Former Spouses’ Protection Act (USFSFPS)… prohibits a trial court from including a parent’s veteran’s disability benefits…
Alimony Or Child Support: Self-Employed vs Salaried Determining alimony or child support when a spouse is self-employed is more complicated than for a traditional employee. With an employee, all employment compensation on a W-2 counts, and it typically consists of salary (or an hourly wage), with the possibility of bonuses…
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Robert Weeks
05/26/2019
“Where do I begin? Well AFTER have a consultation with another attorney (who made me feel as though I was undeserving of his expertise) I was extremely apprehensive when coming to Graham Law. This was immediately squashed when Carl shook my hand. Carl is the most professional , just basically awesome person that I have met in quite a long time . He broke my situation down in a way that I could easily understand it . TOP NOTCH PEOPLE!! I would recommend Graham Law to ANYONE!”