Circumstances change: Modifying child support agreements to match

Circumstances change: Modifying child support agreements to match

For many Colorado families, child support functions as a source of income to meet the needs of the child. Colorado bases child support on the belief that parents should allocate the same amount of funds towards raising the child as if the child still lived in an intact household. To calculate child support, courts factor in the incomes of both parents and the time with the child allocated to each parent. When incomes or custody changes, parents may wish to…