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Alimony in New York
Alimony is a court-ordered payment from one former spouse to the other after divorce.
It’s paid in three forms: lump-sum, interim or temporary alimony, and permanent alimony.
Formulae:
The court uses a statutory formula for calculating the temporary alimony in New York, and it includes;
- Subtracting 20% of the supported spouse’s income from 30% of the paying spouse.
- Both will multiply by 40%, and the supported spouse’s income will be subtracted.
- Now from both values, the lower amount chooses as temporary alimony.