Software Help

The software includes a module for very precise child support arrears calculations for virtually any situation. You can find it on the Analysis tab. The calculation is general in that it can handle any type of arrears: child support arrears,

The pensions on the screen are the same as the pensions that you would enter on the Assets & Liabilities screen. We have just repeated that asset on its own screen in order to highlight the software’s ability to value

The Support Impact screen is great for helping clients understand key aspects of the situation, including the following: The chart on the screen has four bars. The two bars on the left show gross incomes of each party. The two

This screen allows you to ask “what if” with the child support guideline calculation. You can ask, for example: The screen opens initially with a column of actual key numbers from the child support guideline. To create a “what if”

This is a very useful screen that allows you to ask “what if” about all kinds of things relating to the financial settlement. Things About Which You Can Ask What If To see the things about which you can as

This screen shows the best party to claim the tax exemptions for the children. By “best party,” we mean the party who, if he or she claims the exemptions, minimizes the combined tax liability of the two parties. Since the

This screen shows you the best filing status the parties could choose for Federal Income Tax purposes. For filing status purposes, what usually matters is whether the parties are married at the end of the calendar year. If the parties

This calculator aims to set alimony at a level that results in a fair split of the parties’ after-tax incomes. This calculator looks at both parties, and their relationships to one another. Here’s how it works: It starts by calculating

These two screens represent two sensible, rational ways to calculate a fair alimony amount. As such, they can be a very valuable tools in the negotiation process. General Approach The general approach is that you specify a target (either in

This calculator shows the amount of alimony needed to get the recipient to break-even, after all expenses that have been entered. It is equivalent to using the Meet Recipient Need calculator, opening the calculator that shows Budget After Taxes and

The screen may also be called Spousal After Tax, or Maintenance after Tax, depending on what term is most common in your state. This screen calculates the after-tax cost of alimony. For agreements entered into during and after 2019, the

Family Law Software has created its own proprietary alimony calculator. This calculator synthesizes the best of several sources, including: What did we come up with? The basic calculation takes 30% of the payer’s income and subtracts 20% of the recipient’s

This screen provides links to a number of tools that rarely apply. They are all helpful only if alimony is deductible to the payer and included in the income of the recipient. This has not been the case at the

This screen is a very useful screen to help you divide the assets between the parties. In community property states, the title of the screen will be “Division of Community Property.” In marital property states, the title of the screen

This screen allows you to create multiple scenarios for property division. You can ask “What If” in two different ways: This can be very useful in exploring alternatives without changing any of the actual numbers. As on the Property Division

The screen is a very powerful and unique screen that allows you to divide the assets on an after-tax basis. Having said this, it is important to be aware that there are many assumptions and educated guesses that the software