What is a housewife entitled to in a divorce?
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What is a housewife entitled to in a divorce?
The Court has the power to order the main breadwinner to pay spousal maintenance to the home maker to provide her with enough income to meet her reasonable needs. It can also order a pension sharing order transferring part of any pension pot to the homemaker. All other assets, including properties, savings etc.
How is alimony usually calculated?
There is no firm dollar figure for spousal support. The amount should be decided by both parties. Some common ways of calculating spousal support are to take up to 40% of the paying spouse's net income (post-child support), less 50% of the amount of the supported spouse's net income (if he or she is working).
What percentage of income do you pay for alimony?
Under the formula, alimony is set at 30 percent of the higher-earning spouse's income, minus 20 percent of the lower-earning spouse's, as long as the recipient doesn't end up with more than 40 percent of the couple's combined income.