What is a fair amount for alimony?
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What is a fair amount 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.
What should be included in a divorce settlement agreement?
A divorce settlement agreement is a legally-binding document* in which you and your spouse agree on the terms of your divorce and can cover a full range of topics, including child support, spousal support, division of property, custody and visitation rights, and any other issues that are relevant to your situation.
What is a wife entitled to in a divorce in California?
You may be entitled to spousal support, or alimony, upon divorce in California. A spousal support order requires one spouse or domestic partner to pay the other a specified amount each month. The judge will consider several factors in determining whether to award spousal support.
How much alimony will I have to pay in California?
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.
