Child Support Alimony Calculator With Shared Custody In Broward

State:
Multi-State
County:
Broward
Control #:
US-00004BG-I
Format:
Word; 
PDF; 
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Description

The Child support alimony calculator with shared custody in Broward is an essential tool for calculating child support and alimony payments in shared custody cases. This form helps users determine fair support amounts based on the income of both parents and the time each parent spends with their children. It highlights key features such as user-friendly input sections for financial information, guidelines for deductions, and customizable options for varying custody arrangements. Filling and editing instructions are clearly outlined, making it accessible for users with limited legal experience. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this form highly useful in preparing and negotiating support agreements. The calculator ensures adherence to Broward's legal standards while enabling accurate financial planning for families. Specific use cases include divorce settlements, modifications of existing support orders, and evaluations for future financial responsibilities following a custody change.
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  • Preview Affidavit of Defendant Spouse in Support of Motion to Amend or Strike Alimony Provisions of Divorce Decree Because Of Obligor Spouse's Changed Financial Condition
  • Preview Affidavit of Defendant Spouse in Support of Motion to Amend or Strike Alimony Provisions of Divorce Decree Because Of Obligor Spouse's Changed Financial Condition

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FAQ

In Florida, child support is calculated based on the income of the parents and the needs of the child(ren). Alimony, on the other hand, is determined by various factors, including the length of the marriage, the standard of living during the marriage, and the financial resources of each party.

Divide either parent's net income by the combined available income. Multiply the result by 100 to get their percentage of financial responsibility. The remaining percentage is the other parent's responsibility. Example: Jamie divides her net income of $4,000 by $6,400 (the combined net income from Step 2).

Each parent will be responsible for paying 50% of the child support that's indicated on the child support guidelines schedule. Going back to our initial example, if there was one child involved, and the net income between the parents was $2000 per month, the total child support would be $442.

To ensure fairness and proportionality, Florida courts base child support on the combined net monthly income of both parents, even in cases of joint or 50/50 custody.

After a divorce, it's common for one spouse to make payments to the other as part of the divorce agreement. These payments can be alimony, child support or a mix of both.

Caps on Terms of Alimony Florida's new law institutes caps on alimony terms for rehabilitative alimony and durational alimony: Rehabilitative alimony is now capped at 5 years. For marriages lasting 3 to 10 years, durational alimony can't exceed 50% of the marriage's length.

In Florida, self-sufficiency can disqualify you from receiving spousal support or alimony in Florida. If the court determines that you have the financial means or can gain employment to meet your needs of independently, you may not be eligible for alimony.

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Child Support Alimony Calculator With Shared Custody In Broward