Safeguarding Spousal Maintenance with Life Insurance and Beyond | Episode 193

Have you ever considered what happens to alimony payments if life throws a curveball? Gain peace of mind as we explore how to ensure alimony or spousal maintenance awards are honored in a Colorado divorce. Our fictitious clients, Eric and Melanie Wolff, serve as a case study, guiding us through the intricacies of life insurance policies and other methods to protect spousal support payments against the unforeseen, such as death or financial instability. In this short episode Ryan also gives insights into the legal framework of Colorado law 14-10-114, which governs the security of these payments. We discuss the criteria courts consider when assessing the need for life insurance, including the payer's age, health, and other financial obligations, as well as the cost and the term of maintenance.What is Divorce at Altitude? Ryan Kalamaya and Amy Goscha provide tips and recommendations on issues related to divorce, separation, and co-parenting in Colorado. Ryan and Amy are the founding partners of an innovative and ambitious law firm, Kalamaya | Goscha, that pushes the boundaries to discover new frontiers in family law, personal injuries, and criminal defense in Colorado. To subscribe to Divorce at Altitude, click here and select your favorite podcast player. To subscribe to Kalamaya | Goscha's YouTube channel where many of the episodes will be posted as videos, click here. If you have additional questions or would like to speak to one of our attorneys, give us a call at 970-429-5784 or email us at [email protected]. ************************************************************************ DISCLAIMER: THE COMMENTARY AND OPINIONS ON THIS PODCAST IS FOR ENTERTAINMENT AND INFORMATIONAL PURPOSES AND NOT FOR THE PURPOSE OF PROVIDING LEGAL ADVICE. CONTACT AN ATTORNEY IN YOUR STATE OR AREA TO OBTAIN LEGAL ADVICE ON ANY OF THESE ISSUES.

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