Wisconcin 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:

$750

Adjusted Alimony:

$600

Base duration:

4 years

Adjusted duration:

3.4 years

Description

Our tool helps calculate alimony (spousal support) for couples divorcing in Wisconsin based on various financial and non-financial factors. By inputting relevant details about the payor and payee, as well as other influencing factors, the tool estimates the base and adjusted alimony amounts and durations.

Explanation Of Inputs

Income of Payor: The monthly gross income of the spouse, a higher-earner, paying alimony.
Income of Payee: Monthly gross income of the person, the other spouse, receiving alimony.
Health: The 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: The 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: The specific financial needs of the recipient.
Career Sacrifices: Significant career sacrifices made by either party to benefit the other.
Living Expenses: The reasonable living expenses of both parties.
Age: The age of both parties, particularly if there is a significant age difference.
Duration of Marriage: The length of the marriage in years.
Number of Children: The number of dependent children.
Reasonable Living Expenses: The typical living expenses of both parties.

Outputs

Base Alimony: The initial calculation of monthly alimony based on income differences.
Adjusted Alimony: The monthly alimony amount adjusted for various non-financial factors.
Base Duration: The initial duration of alimony payments based on the length of the marriage.
Adjusted Duration: The 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: $5,000
Income of Payee: $2,000
Health: Both in good 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 payee
Economic Misconduct: Economic misconduct by payee
Financial Needs: High needs of payee
Career Sacrifices: Significant sacrifices by payee
Living Expenses: Equal living expenses
Age: Payee significantly older
Duration of Marriage: 10 years
Number of Children: Multiple children
Reasonable Living Expenses: Equal living expenses

Results

Base Alimony: $750
Adjusted alimony: $638
Base Duration: 4 years
Adjusted Duration: 3.6 years

Summary

Our Alimony Calculator provides a detailed estimate of alimony payments by considering financial and non-financial factors specific to Wisconsin. In this example, the base alimony amount is $750 per month, which, after adjustments, results in $638 per month. Based on the specified factors, the base duration of 4 years is adjusted to 3.6 years. This tool provides an accurate and fair estimation of alimony obligations in Wisconsin.