How to “Calculate” Alimony
For many of us, the North Carolina and South Carolina alimony statutes create more confusion than guidance. These statutes places a high degree of discretion on the Court when making an award of alimony or spousal support. Without a clear, precise, and reasoned demand from one of the parties, a Court can err greatly and leave a family member in a state of financial distress.
Early in a case, many of us are simply trying to put a bandaid on a terminal illness! This means that we need to try to establish enough support from available income to support two households. Settlyd’s Alimony Calculator is designed specifically to address this situation. Settlyd’s Alimony Calculator will allow you to target a desired income, and Settlyd will provide the appropriate Child Support and Alimony to reach that target.
Later in the case, as we are preparing for mediation, things are a bit different. We may not be so concerned about meeting a net income as we are for creating a long term plan for a supported spouse: a runway versus a pension as one of my clients aptly described the process. Settlyd’s Net Income Calculator allows us to separately calculate alimony and child support (without the amount of alimony effecting child support). This is very helpful in cases where we trying to establish support for a limited time (such as rehabilitation alimony) while separately extending out child support through majority.
The bottom line is we do not have to guess what our judge would do with a given set of facts. Settlyd provides all the tools needed to precisely determine support awards for the specific needs of a family.
Charleston South Carolina