Support Alimony Budget Calculator
This is our calculator on how to figure your monthly budget in Support Alimony cases in Oklahoma courts.
This is our calculator on how to figure your monthly budget in Support Alimony cases in Oklahoma courts.
Before you begin you should have at least three months of your bank statements that show what you spend and what is deposited into your bank account from your pay check. This will help you as you follow the next few steps
Now you need to figure out your average monthly net income. This is your also know as your take-home pay. You should be able to look at what is deposited into your bank account each month, or what your paycheck shows as the amount paid to you after all deductions. Make sure to use the monthly average which is spread out through out the year.
Now figure out what you spend. You should identify each expense that you have and come up with the average you spend each month. These expenses should be taken from your bank statement.
Enter the numbers into the budget. It will automatically add all of your expenses together and subtract them from your monthly net income.
Interpret the results. If your Ability/Need amount is positive, it means that you have enough money to meet your expenses, and this is the money left over that might be used for alimony. If your Ability/Need amount is negative, it means that you don’t have enough money to meet your expenses, and you may need assistance.
Any budget is only as good as the information used to make it. People argue about budgets in court and take exception to both the income numbers and the expense numbers. However, it helps to try to figure this out yourself, and see what the calculator says.
That depends. All support alimony awards in Oklahoma are supposed to be based on the financially dependent spouse’s demonstrated need, and the other spouse’s ability to pay.
No, there is no formula for the calculation of alimony in Oklahoma. Every alimony case is different, and the court focus on the specific facts and circumstances.
Support alimony is based on the financially dependent spouse’s need versus the other spouse’s ability to pay. There is no formula.
No, the court is not supposed to order support alimony based on any thing either party has done wrong. Instead, the court is supposed to focus on the demonstrated need of the financially dependent spouse, and the ability to pay of the other spouse.