Child Support Alimony Calculator With Shared Custody In New York

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Multi-State
Control #:
US-00004BG-I
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Description

The Child support alimony calculator with shared custody in New York is a vital resource for parties navigating child support obligations amidst shared custody situations. This form facilitates accurate calculations of child support payments and potential alimony amounts, addressing the nuances of shared custody arrangements which often complicate financial responsibilities. It includes key features such as automated calculation fields, detailed instructions for filling out the form, and sections for entering income, expenses, and other relevant financial data. Users are guided to provide precise information pertaining to both parents’ incomes and custody percentages. Filling and editing instructions are straightforward, ensuring ease of use for both legal professionals and individuals. The utility of this form extends to attorneys, partners, owners, associates, paralegals, and legal assistants, streamlining the process of determining fair support payments. It helps these users ensure compliance with New York's legal requirements while advocating for their clients' interests in family court. With clarity and simplicity, this calculator aims to produce fair and equitable solutions for families engaged in shared custody dynamics.
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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

For one child, you take 17% of the parents' combined income, for two children you take 25%, for three children you take 29%, for four children you take 31% and for five children you take no less than 35% of the parents' combined income and this percentage amount represents the basic child support obligation.

Typically, the judge will take 20% of the lower-earning spouse's income and subtract that number from 30% of the higher-earning spouse's income. For example, one spouse makes $100,000, and the other makes $20,000. Thirty percent of $100,000 is $30,000, and 20% of $20,000 is $4,000.

In New York, if a marriage lasts a long time and a spouse is old, ill or unable to support themselves, permanent alimony may be awarded.

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.

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.

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Child Support Alimony Calculator With Shared Custody In New York