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.
Alimony Calculator For Colorado In Michigan
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FAQ
In Michigan, the court evaluates various factors such as each party's income, age, health, and the duration of the marriage to determine the necessity, amount, and duration of spousal support.
There is No Specific Formula for Spousal Support Spousal support is decided on a case-by-case basis. Sometimes spousal support is needed to make sure both parties are taken care of after a divorce. Spousal support may be ordered if one party's property award is not enough to support him or her properly.
All of your marital property and debt will be divided in your divorce. Marital property includes property you or your spouse acquired or earned during your marriage. This includes real property you bought during your marriage.
First, take both parties monthly, adjusted gross income and add it together to get their combined, monthly adjusted gross income. Multiply that number by 40%. Subtract the lessor-earning spouse's monthly adjusted gross income. If the number is zero or less, there is no maintenance payable.
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.
Spousal support, or alimony, is not automatically granted in every divorce case. Colorado law considers several factors to determine whether spousal support should be awarded.
A wife has the same rights as her husband to seek her fair share in divorce matters, such as property division and alimony (spousal maintenance). Each of these issues is determined separately during divorce, with its own guidelines and factors to consider.
There is No Specific Formula for Spousal Support Unlike with child support, there is no formula that will tell you whether or not you will get spousal support or how much you will get. Spousal support is decided on a case-by-case basis.