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.
Can my wife get half my business in a divorce?
Your wife will not receive half of your ownership in the company but is entitled to half of your interest’s value. Therefore, it would not be unreasonable for the court to award you your 25% business interest and order you to compensate your wife for her part of the interest through other resources.
What are the four main issues in divorce?
What Are the Four Main Issues in Divorce?Property Division. When you and your spouse divorce, the legal status of your properties change. Parental Responsibilities. Colorado’s phrase for child custody is parental responsibilities. Child Support. Child support is separate from parental responsibilities. Spousal Maintenance.
What should I not tell my divorce attorney?
One cardinal rule any divorce attorney will tell you: never hide money, property or debts. It will, without question, come out in the process of discovery. There are many tools that attorneys and the courts can use to get to hidden information including depositions, financial investigations with experts and subpoenas.
