New York Maintenance Formula:
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Spousal maintenance (also called alimony) in New York is court-ordered financial support paid by one spouse to the other after divorce. The amount is determined by a formula that considers both spouses' incomes.
The calculator uses the New York maintenance formula:
Where:
Explanation: The formula aims to balance the incomes between spouses while considering the payer's ability to pay.
Details: Accurate maintenance calculation helps ensure fair financial support during divorce proceedings and helps both parties plan their post-divorce finances.
Tips: Enter both spouses' annual incomes before taxes. The calculator will estimate the annual maintenance amount. The result will never be negative - if the formula produces a negative number, it will show $0.
Q1: Is this formula always used in NY?
A: This is the guideline formula, but judges may deviate based on factors like child support, marital standard of living, or health issues.
Q2: How long does maintenance last?
A: Duration depends on marriage length (15-30% of marriage duration for marriages under 15 years, 30-50% for longer marriages).
Q3: What income is considered?
A: All income including wages, bonuses, commissions, investment income, and sometimes imputed income if a spouse is underemployed.
Q4: Does child support affect maintenance?
A: Yes, child support payments may be considered when determining maintenance amounts.
Q5: Can maintenance be modified?
A: Yes, if there's a substantial change in circumstances (job loss, significant income change, etc.).