This tool helps you estimate the alimony payments you may need to make or receive in New Jersey.
How to Use the NJ Alimony Calculator
To use this calculator, enter the payer’s annual income, the recipient’s annual income, and the number of years you have been married. Once the information is entered, click the “Calculate” button to see the estimated alimony.
Explanation of the Calculator
This calculator uses a simple formula to estimate the alimony payment based on the following assumptions:
– Payer’s Annual Income
– Recipient’s Annual Income
– Years Married
Formula:
Alimony = (Payer’s Income – Recipient’s Income) * (Years Married / (Years Married + 10))
Limitations
Please note that this calculator provides a simplified estimate of alimony and may not account for all factors considered by the court, such as the standard of living during the marriage, other financial assets, and additional circumstances. Always consult a legal professional for advice pertaining to your specific situation.