Divorce Dollars. Akeela Davis

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СКАЧАТЬ and judges have a lot of room to deviate from that guideline. In other states, such as California, judges adhere fairly closely to the guideline. The actual amount of support depends on many factors and the state in which the parties live. For example, some states use net income to calculate the amount of support, while others use gross income. You will have to check with a state agency (see Appendix 2 for websites) or see a lawyer to find out the rules in your jurisdiction.

      In Canada, the minimum amount payable is based on the Federal Child Support Guidelines. There are individual tables in the guidelines to reflect the different tax rates in each province. Federal tables will apply if no provincial guidelines exist. In Canada, the term “guideline” is somewhat of a misnomer, since it is more mandatory in nature than a guide. Judges may award higher support payments than indicated by the guideline, but only in extreme circumstances will they award less than the guideline amounts. The guideline is based on the payer’s income and the number of children involved. This amount is neither taxable to the receiver, nor deductible to the payer if the agreement or court order was made as of May 1, 1997.

      If a child has special expenses (i.e., exceptional or extraordinary expenses, over and above child support), these costs are usually shared in proportion to the incomes of the parties involved in the divorce, or according to the terms of the divorce decree.

      Spousal support (alimony)

      Spousal support is money paid to relieve any economic inequality that may exist at the end of a marriage. Whether or not a spouse receives support depends on a number of factors; for example —

      • need,

      • ability of the other spouse to pay,

      • length of marriage, and

      • age and health.

      Either spouse may apply to the courts to vary the amount or terms of spousal support, if his or her personal financial situation changes. Spousal support, when merited, can be time-limited or indefinite, periodic or lump sum.

      Time-limited spousal support: Usually granted when the receiving spouse needs financial support while he or she upgrades his or her skills to earn an income, or when the receiving spouse has family obligations that prevent him or her from working full time; for example, while the children are young.

      Indefinite spousal support: More likely in a long-term traditional marriage. A traditional marriage is often one in which one spouse gave up his or her career to look after the children and/or to help build the career of the other spouse.

      Periodic support: Support paid monthly or annually.

      Lump sum: A one-time, non-taxable payment to the receiving spouse, instead of regular, taxable, support payments. A lump-sum payment may sometimes take the form of a higher percentage of the assets to one spouse.

      Now that you have a grasp of the language of separation and divorce, as well as a basic grounding in some of the concepts involved, you’re ready to proceed to the next chapter for an overview of the separation and divorce process.

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