Divorce Alimony Calculator - How Does it Works?Dec 12, 2010Understand the importance of an alimony calculator.
This entry was posted in Court, Divorce, Financial, General, Recovery, Strategy and tagged accountant, alimony, Court, Divorce, finances, income, legal, legal team, money, payments, regulations, separate maintenance, separation, tax, tax deductible by Tipsofdivorce Team.
Tips of Divorce articles are written by our expert team consisting of a recent divorcee, the creator of the website, a lawyer, a journalist, and content managers who edit and publish the articles. Divorce has become so commonplace that it's difficult to find anyone who hasn't been affected by it in some way. This is why we encourage our followers to contribute personal insights, stories, and thoughts regarding divorce so that we can gather knowledge and wisdom from various perspectives to be used for future tips to help others. Another important point to remember is that there are situations wherein spousal support is not favored. To learn more about California divorce go to California Divorce Alimony and sign up for the free guide. Ed Sherman is the author of How to Do Your Own Divorce in California and the divorce expert attorney famous for founding Nolo Press and the self-help law movement. Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music.
Our roundtable guests talk about their roles as agents and being acknowledged by their clients. The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll. Well, as established by divorce and family laws, when a couple is married, the man and wife are obliged to support each other. Most people believe that it is always the husband who has to support the wife, but this is incorrect.

For example, if a marriage is very short, California divorce alimony may not be likely to be approved. In Section 4336 of the California Family Code, it is presumed that a long marriage is one that has been for 10 years or more. Generally, when decided by a judge, the length of the marriage is taken into consideration.
It automatically ends when the recipient of the alimony re-marries or upon the death of either spouse. Since 1971, his books and software have saved divorcing couples BILLIONS of dollars in legal fees. If you are having divorce, there should be alimony or what they called maintenance support to your spouse. Under certain circumstances, this obligation should be continued even after divorce, and the continuation of this obligation is what we now know as alimony. If it is decided in court, the judge makes a decision based on the testimonies of the two sides.
Other examples include a couple that has no children and when both spouses can take care of themselves. This is not always the case, however, because under some circumstances, a marriage that did not reach a duration of 10 years can be considered a long marriage. Usually, California divorce alimony lasts for half the length of the marriage, but I must point out that this does not apply to all marriages. Some of the circumstances are the duration of the marriage, the age and health of the parties, and the obligations and assets, including the separate property, of each party. When two people get married it is automatically assumed that they have share in their income and they both support each other. Just in case you get confused when you read these words, just keep in mind that these three terms can be used interchangeably.

There are cases that during the divorce process, one of the couples takes a large percentage of the couple’s total income. There are also records where one of the partners does not receive any from the income.Basically, alimony represents the monetary payments to be given by the higher income earner to the lower income earner. This will help the low income earner to have the same standard of living like when they are married.
On the other hand, the women commonly carry the obligation of taking care of the children.You can use a divorce alimony calculator to computer for alimony payments. However, it is important that you understand the different factors to be considered in calculating alimony.Factors to be Considered in Alimony PaymentsThere are different factors to be considered to determine alimony payments. It is actually done by analyzing and determining the income level and standard of living before the separation.
If a housewife is divorced and her husband is earning more than a hundred thousand, she will receive more alimony payment compared to a housewife with a husband who earns less than ten thousand.Another factor that they consider is the number of years that the couples have been married. In some cases, the alimony payment is measured based on the income of each husband and wife after the divorce as well as the cause of the divorce.Alimony Payments versus Child SupportOther than alimony, child support is another form of monetary payment between divorced couples.
Child support payment is not treated as an income to the parent who will take care of the children. On the other hand, alimony payments are considered as a tax deduction for the party that pays them. If the other party fails to pay alimony, it would be difficult for the other party to collect and file dispute.

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