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 California In Phoenix
Category:
State:
Multi-State
City:
Phoenix
Control #:
US-00004BG-I
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
The court can award an alimony amount within the target range or can deviate from it based on certain specified factors, including the recipient spouse's age and ability to be employed. Duration of alimony is now set based on the length of the marriage.
The Court looks at the present income as well as separate property available to the supported party. They also look at the income and assets of the spouse paying support in determining alimony payments. The “standard of living during the marriage” is also a big factor in California divorce.
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.
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.
For the Rule of 65 to apply, three things must be true: (1) the party seeking the award is at least 42 years old, (2) the marriage length, as defined above, is at least 16 years (193 or more months), and (3) the age of the spouse seeking spousal maintenance plus the marriage length is equal to or greater than 65.
The Rule of 65 Requirements For the Rule of 65 to apply, all three of the following requirements need to be met: The party seeking maintenance is at least 42 years old. The marriage lasted at least 16 years. Age of the spouse seeking maintenance + length of marriage is equal to or greater than 65.
The spousal maintenance statute in Arizona was amended, and as a result, the Supreme Court developed the new guidelines. The main change is that spousal maintenance awards should only be granted for a period of time and in an amount necessary for the receiving spouse to become self-sufficient.
The guideline states that the paying spouse's support be presumptively 40% of his or her net monthly income, reduced by one-half of the receiving spouse's net monthly income. If child support is an issue, spousal support is calculated after child support is calculated.
More info
Complete the fields below and press calculate to estimate alimony. The figures presented are based on legal California alimony guidelines.Use our FREE online Arizona alimony calculator to determine spousal maintenance costs in AZ. ✓ Instant. This California alimony calculator calculates California maintenance using the California county alimony formulas. This calculator is for statewide use. This Arizona alimony calculator makes Arizona maintenance calculations using the Maricopa County alimony formula. Currently, there are six guideline child support calculators certified for use in California court proceedings. Calculate alimony quickly and accurately with our state-specific alimony calculators. Get an estimate based on your state's guidelines for free. How to calculate the alimony and if I need to pay for it or not?