What percentage of your pay goes to alimony?

What percentage of your pay goes to 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.

How is the money divided in a divorce?

When you get divorced, community property is generally divided equally between the spouses, while each spouse gets to keep his or her separate property. Equitable distribution: In all other states, assets and earnings accumulated during marriages are divided equitably (fairly) but not necessarily equally.

How do you decide if it’s time for a divorce?

12 Signs It Might Be Time to Get a DivorceYou never argue. Believe it or not, you’re supposed to argue. You want to provoke your spouse. They send your heart racing. You hide your real self. Kids (or work, or friends) come first. You already have an exit strategy. You’re constantly wondering if you should go.