Alimony And Child Support In India In Nevada
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Nevada law does not consider your new spouse's income when setting or modifying child support. The courts are clear that only the income of the child's parents is used in calculations.
Community property belongs to both spouses equally, so it must be split equally between the spouses at divorce. Likewise, all debts incurred during the marriage are considered community debts and both spouses are equally responsible for them.
There isn't a strict formula for calculating alimony in Nevada. Instead, courts use discretion based on the abovementioned factors to determine an appropriate amount and duration.
Often, people confuse alimony with child support. However, they are two completely different types of financial remedies. In simple terms, the financially weaker spouse receives alimony. Whereas child support is about providing financial assistance by one parent to the other, who has custody of the child.
Nevada divorce laws do not state a minimum time to be married to receive spousal support. Alimony will typically be awarded in marriages of 6 years or greater if there is a difference in incomes, and a spouse can justify the need for alimony.
Nevada is a community property state. This means that each spouse owns 50% of the property assets and debts acquired during the marriage. Upon divorce or legal separation, courts distribute these assets and debts equally between the spouses.
Ing to the orders of the Supreme Court of India, 25% of the net income of the husband has to be granted to the wife as a benchmark. But it is not fixed. The amount of alimony has a range of 1/3rd to 1/5th part of the husband's salary, in general cases.
Though alimony is the part of taxable income for the spouse who gets it but on the contrary the child support is exempted from tax for the person who is granted with the child financial support. The spouse who is paying the child support already pays the tax levied on the support amount to the government.
