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Affidavit of Defendant Spouse in Support of Motion to Amend or Strike...

Alimony Calculator In Massachusetts In Franklin

Category:

Family Law - Divorce - Affidavits

State:

Multi-State

County:

Franklin

Control #:

US-00004BG-I

Format:

Instant download

Description

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.

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FAQ

If your original divorce didn't award alimony, and didn't mention alimony in any way, you can file a complaint for alimony for the first time at any time after your divorce. To request alimony, you'll need to file: Complaint for Alimony. This is a form you write yourself, not a form you get from the court.

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.

Alimony is usually around 40% of the paying party's income. This number is different in different states and different situations. The court also looks at how much the other party makes or could make and how much they need to maintain their standard of living.

What do I do if I want alimony? You can ask for alimony as part of a divorce proceeding. If you and your spouse reach an agreement about alimony, you can ask the judge to make the agreement a part of the court order. If you cannot reach an agreement, the judge will decide whether you are entitled to alimony.

Except for reimbursement alimony or unusual circumstances, the amount of alimony should generally be no more than the receiving spouse needs or 30–35 percent of the difference between the parties' gross incomes when the order is issued.

Between 10 and 15 years: general term alimony can last for no longer than 70% of the number of months of the marriage. Between 15 and 20 years: general term alimony can last for no longer than 80% of the number of months of the marriage. Longer than 20 years: general term alimony can last indefinitely.

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.

More info

Enter your income and marriage date to calculate the amount and duration of general term MA alimony for your case. Includes post-tax report.Calculate your potential alimony payments with help from the tools on our Massachusetts divorce attorneys' website. The court's decision, which was issued in June 2022, has revised the way in which income is considered when determining support payments. This calculator calculates the alimony as identified in MGL Chapter 208 Section 53b: "Except for reimbursement alimony or circumstances warranting deviation. Our Massachusetts alimony calculator can help you with your first steps to determining the amount of alimony you will be paying or receiving. To get an understanding of how much Massachusetts alimony you should likely pay or receive, simply fill in the information on the link here. Public access to Franklin Probate and Family Court. Get assistance in the virtual registry. This tool will allow users to see the potential amount of alimony, paid on an annual (yearly) basis based on inputs of the payor and recipient's incomes.

Alimony Calculator In Massachusetts In Franklin

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How to file for alimony in Massachusetts?

Is there a formula for calculating alimony?

What percentage of income is typical for alimony?

How do I claim alimony?

What is the formula for alimony in Massachusetts?

What is the general term alimony in Massachusetts?

How do you calculate the present value of alimony?

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