New Mexico support as a point of reference to a divorce can be interpreted two different ways.
1. Spousal Maintenance Support, also known as Alimony
2. Child support
New Mexico support or as it is commonly called spousal maintenance or alimony, can be either permanent or temporary.
It can also be paid in a onetime lump sum, division of assets, or in monthly installments.
Having said that, there are several methods available to reduce your New Mexico support liability.
In order to take advantage of the system, you first must understand how the system really works.
In the New Mexico of Florida, alimony is either agreed to by you and your ex or an amount is set at the preference of the county judge in Family court, when the parties can’t agree on an amount.
Disposable income is a chief cause in setting alimony. Disposable income is characterized as total income minus your taxes and basic living expenses.
The remaining income after your taxes and living expenses are paid is called "disposable income".
It is the gap in disposable income between her disposable income and yours that will determine whether or not you pay alimony and how much.
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 achieve this, so it’s vital to know how the system works and use a proven strategy sure to get the results you desire.
Matt O’Connell developed a men’s divorce guide and you can get more information by Clicking Here.
New Mexico Child Support is an unusual issue because unlike alimony, it’s not left to the discretion of a judge, but calculated using New Mexico guideline formulas.
Very little is subject to analysis, so disposable income is not a factor in the decision.
Child support is determined through guideline formulas based your income, her income, the number of children you have, and the amount of time you spend with your kids each month.
Your expenses, your ex-wife’s expenses, and the children's principal expenses are not part of the calculation of Child Support in Florida.
It should be noted however that additional expenses such as day care and medical expenses are often added to the guideline support.
So for example, if your child needs medical treatment not covered by medical insurance, like braces, this medical expense will be in addition to your regular monthly support payments.
You’ll probably pay for something like half of any “additional” expenses as well.
Where parents consent to a child support amount without court input, the judge normally agrees to this agreed to sum.
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 New Mexico child support guidelines to set the child support payment amount.
Whatever your New Mexico Support fears are, child support or alimony, you must have a strategy to achieve the results you want.
You want to do everything you can to lessen the support you’ll pay your ex and there are established strategies to help you achieve this goal.
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