A blog may be a analysis or informational website published on the planet Wide Web consisting of discrete, often informal diary-style text entries (posts). Posts are typically displayed in reverse chronological order, in order that the foremost recent post appears first, at the highest of the online page. Until 2009, blogs were usually the work of one individual, occasionally of a little group, and sometimes covered one subject or topic. “multi-author blogs” come out, featuring the writing of multiple authors and sometimes professionally edited. MABs from newspapers, other media outlets, universities, think tanks, advocacy groups, and alike institutions account for an improve quantity of blog traffic. The rise of Twitter and other “micro-blogging” systems helps integrate MABs and single-author blogs into the journalism .
Family Law Attorney Kama McConaughy
Sarkissian presented a nationwide continuing legal education webinar in
conjunction with Wealthcounsel, LLC titled: “The Intersection of Estate
Planning and Divorce: An Introduction to Trust Issues in Divorce.”
The webinar focused on the process domestic relations courts frequently implement when making a determination as to what trust assets constitute a marital property interest subjection to division during a divorce. The course also explored issues associated with divorce and how a couple’s typical estate plan could be problematic in the event the spouses separate subsequent to finalizing their estate planning. The webinar discussed practical issues as well as the potential tax concerns associated with divorcing couples. The CLE concluded with ideas on how to protect trust and estate client’s beneficiary interests in the event they later divorced by implementing pre-marital and marital agreements containing provisos related to the client’s irrevocable trust interests. Call our family law attorneys today if you have questions about how your trust assets may be subject to division in a future divorce action.
Parties to a dissolution of marriage action with children, or
an allocation of parental responsibilities (custody case) will need to
calculate a child support amount to be paid by the obligor consistent with
Colorado’s statute: C.R.S. § 14-10-115.
How is Child Support Calculated in Colorado?
One of the most common questions clients ask is: How will
child support be calculated by the Court? Child support in Colorado is governed
by statutory guidelines contained in C.R.S. 14-10-115. However, this statute is
constantly being revised and adjusted for things like inflation and parties are
well-advised to ensure they have the most current version of the statute. The
child support guidelines in Colorado are presumptive, opposed to Colorado’s
spousal maintenance guidelines, which are merely advisory. The child support
guidelines calculate child support based upon the parents’ combined adjusted
gross income estimated to have been allocated to the child if the parents and
children were living in an intact household. Additionally, the child support
guidelines adjust the child support based upon the needs of the children for
extraordinary medical expenses and work-related child care costs, and allocate
the amount of child support to be paid by each parent based upon physical care
arrangements. The child support worksheets also consider the total number of
overnights each parent has with the child(ren). The number of children involved
also affects the child support obligation.
Determine the Parents’ Incomes for a Child Support Calculation.
Courts will use each parent’s “gross income” to
calculate the child support amount. “Gross income,” as it is defined
by the statute, and includes, but is not limited to:
Income from salaries;
Wages, including tips declared by the
individual for purposes of reporting to the federal internal revenue service or
tips imputed to bring the employee’s gross earnings to the minimum wage for the
number of hours worked, whichever is greater;
Payments received as an independent contractor
for labor or services, which payments must be considered income from
Pensions and retirement benefits;
Any moneys drawn by a self-employed individual
for personal use that are deducted as a business expense, which moneys must be
considered income from self-employment;
Social security benefits, including social
security benefits actually received by a parent as a result of the disability
of that parent or as the result of the death of the minor child’s stepparent
but not including social security benefits received by a minor child or on
behalf of a minor child as a result of the death or disability of a stepparent
of the child;
Workers’ compensation benefits;
Unemployment insurance benefits;
Disability insurance benefits;
Funds held in or payable from any health,
accident, disability, or casualty insurance to the extent that such insurance
replaces wages or provides income in lieu of wages;
Monetary prizes, excluding lottery winnings not
required by the rules of the Colorado lottery commission to be paid only at the
Income from general partnerships, limited
partnerships, closely held corporations, or limited liability companies.
However, if a parent is a passive investor, has a minority interest in the
company, and does not have any managerial duties or input, then the income to
be recognized may be limited to actual cash distributions received;
Expense reimbursements or in-kind payments
received by a parent in the course of employment, self-employment, or operation
of a business if they are significant and reduce personal living expenses;
Alimony or maintenance received; and
pay, only if the overtime is required by the employer as a condition of employment.
There are many forms of income, which are
exceptions to the “gross income” definition under the statute.
Parties to a divorce proceeding or APR action should meet with a licensed
Colorado family law attorney to discuss the specifics of their case, and obtain
legal advice in order to make an informed decision on this issue.
Upon invitation from Professor Jennifer Hendricks, family law attorney Kama McConaughy Sarkissian had the honor and privilege of lecturing at the University of Colorado’s School of Law. Ms. McConaughy Sarkissian taught a family law class concerning the issue of economic misconduct in divorce. She was counsel for the leading appellate case in Colorado concerning marital waste: In re Marriage of Jorgensen, 143 P.3d 1169 (Colo. App. 2006) and is one of the preeminent authorities on the doctrine. Ms. McConaughy Sarkissian greatly enjoyed giving back to her alma mater and look forward to continuing our firm’s dedication to service and philanthropy.
We at McConaughy & Sarkissian, P.C. remain open during these difficult times. While most of us are working from home, we do have in-office staffing for answering the telephones, receiving and distributing mail and filings. Our entire staff is available to answer questions or accept new matters involving construction, general liability, auto and family law.
In general, for family law/divorce/child custody matters the courts have continued all non-emergency hearings but are available for temporary protection orders, permanent protection order hearings, emergency requests to restrict parenting time or prevent parental abduction of your child, request the appointment of an emergency guardian and/or special conservator, and temporary custody hearings in a dependency and neglect case.
We are still able to commence new actions for dissolution of marriage, legal separation, allocation of parental responsibilities, as well as modifications of existing orders. Please do not hesitate to reach out to us if you have questions or require our assistance in any family law matter.
Please contact us if you have questions or need our help.
A Denver boutique law firm committed to providing comprehensive Construction,
Civil Litigation & Family Law representation with personal service.
McConaughy & Sarkissian, P.C.
McConaughy & Sarkissian, P.C. is a boutique law firm committed to providing comprehensive law representation focusing on Construction, Civil Litigation and Family Law.
Through out the COVID-19 pandemic, our firm has remained open (law firms are considered ‘essential business” in Colorado). With one secretary answering the telephone, processing mail, filing etc. and the rest of us working from home to continue servicing client needs in the areas of. Construction law, general liability, personal injury and family law matters […]