Maryland support regarding divorce can be looked at two different ways.
1. Alimony or as it is sometimes called, Spousal Maintenance
2. Child support
When referring to spousal maintenance or alimony, Maryland support can be either temporary or lasting.
It can also be paid in a onetime lump sum, division of assets, or in monthly installments.
Regardless of method, there are ways to lessen your Maryland support load.
Now, to use the system to your advantage, you first must know how the scheme really works.
Alimony in the Maryland of Maryland is either settled by both parties or established at the pleasure of your county judge, if you and your ex don’t come to an agreement.
Disposable income is a major factor in alimony. Disposable income is defined as your total income less taxes and necessary living expenses.
The income left once taxes and living expenses get paid is called your "disposable income".
The disparity in income relating her disposable income and yours decides whether or not you pay alimony and if so the amount.
Basically the larger the disposable income gap, the more you’ll pay. You want to do everything possible to reduce or even eliminate this gap.
There are right and wrong ways to bring this about. It’s important you be familiar with how the system works and draw on proven strategies certain to get you the results you would like.
Matt O’Connell developed a men’s divorce guide and you can get more information by Clicking Here.
Maryland Support with regard to child support is a special topic. It differs from alimony because child support is not up to the desires of a judge, but determined through guideline formulas.
Little regarding child support is subject to examination, so your disposable income doesn’t become a factor.
Child support is calculated using a guideline formula based your income, her income, the number of children that you have, and the amount of time that you spend with the children each month.
Those factors not included when calculating Child Support in Maryland are your expenses, her expenses, and the children's primary costs.
It should be noted that added expenses like day care and medical expenses typically get added to guideline support amounts.
For instance, if one of your children requires medical treatment that isn’t covered by medical insurance, like braces, this medical expense will be added to your monthly support payments.
You’ll probably pay for something like half of any “additional” expenses as well.
If parents agree to a child support amount without going to court, the judge will generally accept this agreed to child support amount.
Parents frequently arrive at an agreement with no court input. But if you and ex can’t see eye to eye on child support, a judge will employ Maryland child support guidelines to set the child support payment amount.
To reduce any Maryland Support concerns; whether alimony or child support, to achieve the results you’re looking for you need to have a proven strategy.
You should do everything possible to minimize the support you’ll have to pay your wife and there are proven strategies to help you accomplish this.
We highly recommend reading “No BS Divorce Strategies for Men” by Matt O’Connell. In his action guide, he lists proven strategies and details a course of action.
He’s been helping men achieve great results since 2005. You can read more about this guide by Click Here