If your divorce established joint physical custody, then child support will be based on his gross monthly income and yours. Whoever makes more pays the difference to the other. So long as he makes more than you do, he will be paying you child support.
The formula is simple: Divide the Wife's annual amount by the interest rate: $100,000 divided by . 10 = $1 million. The formula is known as the present value of a perpetuity because it continues in perpetuity.
40% of the high earner's net monthly income minus 50% of the low earner's net monthly income. For instance, if Spouse A earns $5,000 per month and Spouse B earns $2,500 per month, temporary spousal support might be calculated as follows: 40% of $5,000 = $2,000. 50% of $2,500 = $1,250.
40% of the high earner's net monthly income minus 50% of the low earner's net monthly income. For instance, if Spouse A earns $5,000 per month and Spouse B earns $2,500 per month, temporary spousal support might be calculated as follows: 40% of $5,000 = $2,000. 50% of $2,500 = $1,250.
It depends. If used by an experienced family law attorney who knows what they are doing, it may provide a range of potential numbers. But this requires program tweaking—something that online California alimony calculators generally cannot do.
50/50 custody is a joint custody arrangement where the parents share equal (50/50) parenting time with their child. A New York court will award joint 50/50 custody if it determines that doing so is in the best interest of the child.
A: The disadvantages of 50-50 custody are that children have a less stable living environment and must frequently move between homes. It can be complicated for both parents and children to frequently switch between homes.
The CSSA establishes child support amounts that allow children to have an appropriate standard of living, based on the income of their parents. Both parents' incomes are considered in the formula even if they have joint custody, because both parents have the duty to support their children.
In New York State, who pays child support in a 50/50 joint custody arrangement since there there is no one "custodial parent"? Generally, the lower-earning parent will be treated as the “custodial parent” and the higher-earning parent will end up paying child support.