This is a generic Affidavit to accompany a Motion to amend or strike alimony provisions of a divorce decree because of the obligor spouse's changed financial condition. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Child Support Alimony Calculator With Shared Custody In Houston
Category:
State:
Multi-State
City:
Houston
Control #:
US-00004BG-I
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
In Texas, joint custody is about parents working together for their child's well-being. It splits into legal and physical types—joint managing conservatorship lets both have a say in big decisions while physical custody balances where the kid lives. If there's conflict, courts step in to prioritize the child's needs.
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.
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.
By identifying the various sources of the non-custodial parent's net monthly income. By then subtracting some monthly dues from that parent's income. A percentage amount of this final total will then be designated as the amount of child support, depending on the number of children in question.
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.
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.
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.