Maintenance Bill- Updated 5-13-13

On Friday, May 10th, 2013, Governor Hickenlooper signed into law the new maintenance “formula” bill.  While the formula is not presumptive and applies only to cases where the combined ­­­­gross incomes are $240,000 per year or less, there will be many who believe that it should apply to most dissolution of marriage actions.  This is a major change in Colorado law.  Any analysis of a dissolution of marriage action must incorporate the effects of this act on the case.