This is a generic Affidavit to accompany a Motion to amend or strike alimony provisions of a divorce decree on the remarriage of the plaintiff former spouse. 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 Spouse Support Formula In Salt Lake
Category:
State:
Multi-State
County:
Salt Lake
Control #:
US-00002BG-I
Format:
Word;
PDF;
Rich Text
Instant download
Description
Free preview
Form popularity
FAQ
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 Lenght of a Marriage The duration of support payments typically depends on the length of the marriage. The longer the marriage, the better your chances of getting spousal 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.
Generally, in determining alimony, the court considers the parties' standard of living at the time of separation. In short marriages with no children, the court may consider the standard of living when the marriage began. Sometimes, the court will try to equalize the parties' standards of living.
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.
Some reasons why an ex-spouse might not be entitled to receive alimony include: The ex-spouse does not meet the legally required level of financial need. You are not financially able to provide alimony to your ex-spouse. Your ex-spouse is at fault for the divorce, due to having an affair or another cause.
The amount of alimony depends on your specific situation. When deciding on the amount of alimony, the court will consider factors like the length of the marriage, both spouses' income, and standard of living before the divorce.
Unlike child support in Utah, there is no formula for judges to use to calculate alimony in a divorce. Instead, judges base support amounts on the above factors and any other relevant circumstances in each case.
To modify alimony there must be a material and substantial change in circumstances not expressly stated in the divorce decree or in the findings that the court entered at the time of the divorce decree.