Alimony Calculator In Florida In Wake

State:
Multi-State
County:
Wake
Control #:
US-00004BG-I
Format:
Word; 
PDF; 
Rich Text
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.

Free preview
  • Form preview
  • Form preview

Form popularity

FAQ

However, the average alimony most spouses can receive in Florida will not exceed 40% of the gross income of the spouse paying the alimony. On the other hand, if the marriage has lasted less than seven years, then it will not exceed 20% of the gross income of the spouse paying.

Caps on Terms of Alimony Florida's new law institutes caps on alimony terms for rehabilitative alimony and durational alimony: Rehabilitative alimony is now capped at 5 years. For marriages lasting 3 to 10 years, durational alimony can't exceed 50% of the marriage's length.

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.

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.

(1)(a) In a proceeding for dissolution of marriage, the court may grant alimony to either party in the form or forms of temporary, bridge-the-gap, rehabilitative, or durational alimony, as is equitable. In an award of alimony, the court may order periodic or lump sum payments.

There is a rebuttable presumption for an award of permanent alimony in a long-term marriage, which is 17 years or longer. There is no presumption for or against permanent alimony in a moderate-term marriage, which is a marriage greater than 7 years but less than 17 years.

Long-term Marriage: A long-term marriage is a marriage that lasts 20 years or more. In long-term marriages, the length of the alimony award may not exceed 75% of the length of the marriage. For example, if the parties are married for 28 years, the length of the alimony award cannot exceed 21 years.

More info

Free Florida alimony calculator to estimate annual alimony payments and monthly alimony payments. How much alimony can I expect to pay in Florida?Our simple, easy to use alimony calculator will provide the answer. This calculator is meant to be an informative tool and only reveals the maximum possible amount of alimony you will either pay or receive. How Much Alimony Will I Pay? We designed this tool to educate you on how alimony decisions are made and as a way of educating yourself. While there is no set calculation for alimony in Florida, one method often used to calculate alimony in Florida is the needs-based method. Our free alimony calculator will give you an excellent start on your case. You can determine likely figures on how much alimony you will receive or pay. Edit, sign, and share florida alimony online.

Trusted and secure by over 3 million people of the world’s leading companies

Alimony Calculator In Florida In Wake