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Difference between revisions of "Basic Principles of Spousal Support"
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Basic Principles of Spousal Support (view source)
Revision as of 21:38, 21 May 2013
, 21:38, 21 May 2013→Calculating spousal support
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It is difficult to predict how much spousal support will be paid in any given case. You can, however, get a rough idea by looking at each spouse's expenses and the disposable income available to each of them, especially the payor. You should also look at the Spousal Support Advisory Guidelines, which lawyers and the court routinely rely on to determine spousal support payments. This chapter discusses these in the section on the [[The Spousal Support Advisory Guidelines|Spousal Support Advisory Guidelines]]. | It is difficult to predict how much spousal support will be paid in any given case. You can, however, get a rough idea by looking at each spouse's expenses and the disposable income available to each of them, especially the payor. You should also look at the Spousal Support Advisory Guidelines, which lawyers and the court routinely rely on to determine spousal support payments. This chapter discusses these in the section on the [[The Spousal Support Advisory Guidelines|Spousal Support Advisory Guidelines]]. | ||
In order to decide what should be paid, assuming of course that the recipient is entitled to receive support, it is critical that each party prepare a sworn financial statement where a court proceeding has started or not. You must use the Financial Statement (Form F8 in Supreme Court and Form 4 in Provincial Court). The financial statements set out each party's income and assets, expenses and liabilities. Exchanging sworn financial statements is an excellent starting point for figuring out the amount of support that ought to be paid. | In order to decide what should be paid, assuming of course that the recipient is entitled to receive support, it is critical that each party prepare a sworn financial statement where a court proceeding has started or not. You must use the Financial Statement (Form F8 in the Supreme Court and Form 4 in the Provincial Court). The financial statements set out each party's income and assets, expenses and liabilities. Exchanging sworn financial statements is an excellent starting point for figuring out the amount of support that ought to be paid. | ||
===Calculating spousal support without the Advisory Guidelines=== | ===Calculating spousal support without the Advisory Guidelines=== | ||