Share this article
Teca Menu
- Teca Home
- Teca translator
- Expression-web-design-review.html
- FREE INFO BAGS PURSES
- Carpet Dye info
- Hydroponics How to
- Warning needle sticking
- to kids who were born in
- Learn About Spam
- Canon Powershot S3 IS Review
- do not buy saeco
- Teca thanks premier
- revenge the telemarketer
- dell exploding
- Teca register
- No Balls
- census eupdate
- census issues clarified
- FOXTEL INFO
- saving on petrol
- Teca Landlords tenants
- Articles Index
- TECA Games
- Recycled water
- Council Letter
- ausis goldn brown
- storm warning
- Teca Jokes
- Teca Jokes text xml
- Teca Fun Pics
- Teca News
- Teca POLL
- Teca centre WIKI
- Help at TECA
- Press Centre
- Link Me to TECA
- Teca Classifieds
- Auction at TECA
- JoomlA
- Links More
- teca Google info
GET ONLINE WITH AUSIS
VISIT OUR DOMAIN SERVICES FOR GREAT PACKAGES TO GET YOU ONLINE FASTER
Fabulous organisation for multiple sclerosis in the UKIn our research we came across the above link and found the site was run by sqiffy over at stumble upon. Please take the time to visit for a bit of fun and education...
HAVE A NICE DAY
WE WISH YOU LUCK
by: Jean Mahserjian
In divorce, a common question is, "what is the alimony formula". Well, there really is no set alimony formula for divorce. This is in complete contrast to child support, which is decided based upon a specific formula in each state. Alimony is based on factors and those factors are decided through divorce negotiation or by a divorce judge. But, there is no alimony formula available to your divorce attorney or you to determine in advance what alimony will be paid in your case.
What does a divorce court look at to determine alimony? Those issues do vary by state. But, there are also many alimony factors that are common from state to state. So, although there is no specific alimony formula for you to rely on, there are alimony factors that you can look at to help you determine what the alimony might be in your case.
In divorce, some of the alimony factors that a judge might look at include the following. First is the length of your marriage. If the parties have been married for one year, the court's attitude towards a request for alimony will be very different than if the parties have been married for twenty years. Because the length of marriage varies so much in all divorces, it is not possible to plug this factor into an alimony forumla to determine the alimony amount.
Another factor affecting the award of alimony is employment status. Obviously, if the spouse seeking alimony has been unemployed or underemployed for a number of years to care for young children, the home, or the spouse, that is a factor that will militate in that spouse's favor if he or she is seeking alimony. On the other hand, if that spouse has the ability to obtain employment that will more than adequately meet his or her needs, the court might think a little differently about awarding alimony to that party. Other factors that are considered closely with this factor include level of education, job experience, the age of children in the household, and work history.
A major factor that can affect an award of alimony is the amount of property to be retained or divided by the parties. If the spouse seeking alimony has been a stay at home parent, but will have signifcant assets after divorce or has separate assets, like a trust fund, the court's attitude towards the award of alimony will be affected. The court will certainly view a request for alimony under these circumstances much different than a request made by an individual who is receiving no assets in the divorce or who does not have any separate property.
The health of the party seeking alimony is a major factor that can impact a court's decision in awarding alimony. If the spouse seeking alimony has a debilitating physical condition that impacts whether or how much they can work, the court will not want to impoverish that party after divorce and the court will be more likely to use alimony to address at least basic living needs.
One other factor that should be considered by the divorce court and by the parties, is the taxability of the alimony payments. In most instances, if there is no specific provision to the contrary, spousal support payments are taxable to the recipient and tax deductible to the payor. The tax benefit obtained by spreading out economic wealth in this fashion can be significant and should be discussed in depth with your divorce attorney.
One issue that is not always considered by the court, but should be discussed with your divorce attorney, is that alimony payments are, in general, not dischargeable in bankruptcy. If there is any possibility that the party who is to pay alimony will be filing for bankruptcy, the divorce attorneys will negotiate very hard on both sides to maximize the final benefit to their client in divorce.
It should thus be apparent that in divorce, there can be no easy alimony forumla, no matter what state you live in. It is impossible to plug these and other factors into a mathematical equation to arrive at a "correct" alimony formula. It is necessary that the divorce court, or the divorce attorneys review how these varied and different factors affect both parties in the divorce and then arrive at a solution that encompasses all of the divorce issues, including property settlement and alimony. They cannot simply set up an alimony formula that would work for all parties.
About The Author Jean Mahserjian is an attorney and the author of numerous websites and books devoted to helping consumers through the process of divorce. To download free excerpts from her divorce and alimony books, visit: http://www.millenniumdivorce.com. |
OUR ASSOCIATES
SITES
TECACENTRE.NET COMMUNITY SOLUTIONS A HEAP OF INFO HAVE YOUR SAY AND MORE
tecacentre.netGAMES A PLENTY at TECACENTRE.NET
tecacentre games, Frogger, shooting, golf, bowling and moreSUBMIT YOUR ARTICLES AND INFORMATIVE ARTICLES A PLENTY TO ENLIGHTEN YOU
the-doctors.info solutions and articlesLIVE SOLUTIONS BOOK BY EMAIL FOR AN APPOINTMENT AND ARTICLES A PLENTY
aussiess.info solutions and articlesSUBMIT YOUR PRODUCTS AND SERVICES FOR TESTING TO ENLIGHTEN YOU ON HOW TO BECOME THE BEST and for everything that is best
thebestisit.com for everything that is bestDon't forget ausis great mate...
Post Comments Queries or Suggestions on ourausis.info Bulletin Board
Email: ausisit@gmail.com
ausis WIKI Our ausis WIKI pages were you can communicate with us or others!!
![[Valid RSS]](../valid-rss.png "Validate my RSS feed")
The owners of this site are to be held harmless as each individual that posts hereon is responsible for their own comments. Please note that any mention of any trademarks, names, products etc are the property of the original owners/holders. Use of this site is based on you agreeing to waive any and all claims against the publisher and associated businesses or owners of this site. Site owners will not be held liable for any actions or third party actions that maybe encountered using this site. This is due to the fact that this site is based on and for a community effort to help keep peace. Your own independent legal advice should be gained on subjects listed hereon prior to using them for your own use, these and other terms may apply and must be read in conjunction with the full terms, available on request.
All work is copyright (c) www.tecacentre.net and WWW.AUSIS.INFO (c) 1990 -2007 Used under licence All rights reserved.