One question many couples have about divorce is whether the court will order one spouse to pay the other alimony, which is actually known as spousal maintenance in Colorado.
Ending a marriage at any time in life is a big decision and can often give rise to some unexpected complications both personally and financially. For couples who decide to seek a divorce as they near retirement age, there are some unique questions that need to be resolved. Divorcing after age 50, sometimes referred to as a "grey divorce", puts couples in the unique position of creating a divorce agreement that also aligns with a quickly approaching goal of retirement. This is less of an issue for people who still have many years of work ahead of them to rebuilding their savings, but is a crucial consideration for those looking forward to cashing in their 401(k) accounts.