The Savings Component

April 2018

When getting divorced, the state looks at a divorce the same as they look at splitting up the assets of a corporation. Each individual typically gets 50% of the assets. However, there are some situations, especially when calculating alimony that you need to remember. The main one is the savings component. For example, someone who is making $2,000 per month may be putting a portion of that into their savings. If a couple is saving $500 per month out of monthly income of $2,000 the income that should be split between the parties is $2,000 not $1,500. The reason for this is that I look at the $2,000 as the real standard of living and not just the $1,500.

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