Hawaii Alimony Calculator

Income of Payor: Health: Parental Responsibilities: Earning Capacity: Homemaking Contributions: Economic Misconduct: Career Sacrifices: Age: Number of Children:

Income of Payee: Standard of Living: Education Contributions: Tax Consequences: Marital Misconduct: Financial Needs: Living Expenses: Duration of Marriage: Reasonable living expenses:

Output Results:

Base Alimony Amount:

$750

Base Duration of Alimony:

7.5 years

Adjusted Alimony Amount:

$713

Adjusted Duration of Alimony:

9 years

Description

Our Our Hawaii Alimony Calculator helps individuals estimate alimony (spousal support) payments by considering various financial and non-financial factors. The tool provides an estimated alimony amount and duration based on Hawaii’s guidelines and relevant details about the payor and payee.

Explanation Of Inputs

Income of Payor: Monthly gross income of the person paying alimony.
Income of Payee: Monthly gross income of the person receiving alimony.
Length of Marriage: Duration of the marriage in years.
Health: Physical and emotional health of both parties.
Standard of Living: The standard of living established during the marriage.
Parental Responsibilities: Custodial responsibilities and contributions to the education or training of children.
Education Contributions: Significant contributions made by either party towards the education or training of the other.
Earning Capacity: Future earning potential of both parties.
Tax Consequences: Tax implications of alimony payments.

Homemaking Contributions: Contributions made by either party as a homemaker.
Marital Misconduct: Any misconduct by either party during the marriage.
Economic Misconduct: Any economic misconduct by either party, such as waste or dissipation of assets.
Financial Needs: Specific financial needs of the recipient.
Career Sacrifices: Significant career sacrifices made by either party to benefit the other.
Living Expenses: Reasonable living expenses of both parties.
Age: Age of both parties, particularly if there is a significant age difference.
Number of Children: Number of dependent children.
Reasonable Living Expenses: Typical living expenses of both parties.

Outputs

Base Alimony Amount: Initial calculation of monthly alimony based on income differences.
Adjusted Alimony Amount: Monthly alimony amount adjusted for various non-financial factors.
Base Duration of Alimony: Initial duration of alimony payments based on the length of the marriage.
Adjusted Duration of Alimony: Duration of alimony payments adjusted for various non-financial factors.

Example Calculation

Let’s consider the following example values to demonstrate how the tool works:

Income of Payor: $6,000
Income of Payee: $3,000
Length of Marriage: 15 years
Health: Payee in poor health
Standard of Living: Low standard during marriage
Parental Responsibilities: Sole custody by payor
Education Contributions: Significant contributions by payor
Earning Capacity: Payee has higher earning capacity
Tax Consequences: Favorable tax treatment for payor

Homemaking Contributions: Significant contributions
Marital Misconduct: Misconduct by payor
Economic Misconduct: Misconduct by payee
Financial Needs: Low needs of payee
Career Sacrifices: Significant sacrifices by payee
Living Expenses: Higher expenses of payee
Age: Payee significantly older
Number of Children: One child
Reasonable Living Expenses: Lower expenses of payee

Results

Base Alimony Amount: $750
Base Duration of Alimony: 7.5 years
Total Adjusting Value for Payment: -25%
Total Adjusting Value for Duration: -10%
Adjusted Alimony Amount: $562.50
Adjusted Duration of Alimony: 6.75 years

Summary

The base alimony amount is $750 monthly, and the base duration is 7.5 years. After adjusting for various non-financial factors, the adjusted alimony amount is $562.50 per month, and the adjusted duration is 6.75 years. This comprehensive calculation considers financial and non-financial aspects to provide a fair estimate of alimony payments in Hawaii.