Alimony or spousal support is designed to provide the lower-income spouse with money for living expenses. This is in addition to any child support that is awarded. The judge looks into several factors when considering alimony. Examples include the spouse’s ability to work, age, health, length of the marriage and if he or she was… Continue reading →
Posts Tagged ‘income’
Spousal support rights
Not all women or men are entitled to spousal support after a divorce or separation although once upon a time, support was awarded because of the notion that the spouses are supposed to support each other throughout the marriage. Spousal support is a payment from one spouse to another; it is paid for the purpose… Continue reading →
Allocation of debts
Besides the division of assets, the allocation of debts is one of the most important issues to settle during a divorce. Both parties are responsible for marital debts that were incurred during the marriage. Generally, the decision regarding the allocation of debts follows the same principle as division of property – all debts must be… Continue reading →
Determining child support
One of the most important issues in a divorce process is child support. California law requires child support to be calculated based on several factors that include income and employment of each spouse. The formula used is set forth in the California Family Code and is known as a guideline. The court order for child… Continue reading →
Surviving divorce today
After the first few years following divorce, the standard of living for both spouses usually drops. During the marriage, both incomes were supporting one household – now they are supporting two. Divorce is a stressful situation; however, there are ways you can prepare yourself for your post-divorce financial future. · Develop a budget on necessities… Continue reading →
Divorce and child support
Every parent wants the assurance that his or her child will get everything he or she needs. This is especially true when divorce breaks up a family. That assurance requires financial support. When a couple divorces and there are children involved, the family court considers the following factors when determining child support: The income of… Continue reading →
Divorce and Alimony
In determining alimony or spousal support, the court generally looks at the standard of living during the marriage. There are several factors used in determining whether or not alimony should be paid: · The needs and financial condition of the recipient spouse · The recipient’s earning capacity or ability · The ability of the payor… Continue reading →
An unfair child support order
Do you think your existing child support order is unfair? Even if you and your former spouse agree that the child support order should be modified, it must be approved by a judge to be legally enforceable. A hearing must be scheduled in order to argue the pros and cons of the proposed modification. As… Continue reading →
Spousal Support guideline
While your divorce is pending, your spouse may request temporary support – especially if he or she is not working or earning significantly less than you are. Courts in Orange County use a spousal support guideline. The guideline basically states that the spouse who earns more will provide 40 percent of his or her net… Continue reading →