Difference between revisions of "The Spousal Support Advisory Guidelines"

The Spousal Support Advisory Guidelines (view source)

36 bytes added , 22:55, 16 July 2019

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 <blockquote><blockquote>Using the same example, support would be payable for 5 to 10 years (0.5 times 10 and 1 times 10). If, however, the dependent party was 55 at the time of separation, support would be paid indefinitely (55 years of age plus 10 years equals 65).</blockquote></blockquote>
-The maximum amount payable under this formula ranges from 37.5% of the difference between the parties' gross incomes to 50% of the difference between the parties' incomes, net of taxes and benefits.
+The maximum amount payable under the Without Child Support Formula ranges from 37.5% of the difference between the parties' gross incomes to 50% of the difference between the parties' net incomes (calculated after taxes and benefits).
 The maximum time spousal support can be payable under this formula ranges from an amount of time equal to the duration of the parties' cohabiting relationship to an indefinite amount of time.