Do we need a budget if we both have sufficient income to meet our reasonable need?

No. If neither party has a need for spousal support or if neither party is making a claim for support, then you likely do not need to provide a detailed budget. You can each have whatever monthly expenses you want.

‍

Resource

Building a Budget

Divorce is a time to seriously examine your financial needs and ability to support yourself. The foundational step in a cash flow analysis is the creation of a comprehensive budget.

Resource

Cash Flow - Is Support Needed?

Once you have a budget and income, the next step is to determine if you need support. Learn about this fundamental questions and types of support to consider.

Resource

Cash Flow Introduction

An introduction to the cash flow analysis in divorce, focusing on income and expenses post-divorce and the ability of parties to support themselves (and children).

Resource

Spousal Support

Learn all the considerations and elements of the analysis of spousal support, one of the most challenging financial aspects of divorce.

No items found.

Was this module helpful?

We're always try to improve the resources we provide. Let us know how we're doing:

Thank you! Your submission has been received!

Oops! Something went wrong while submitting the form.

Locked Content

Do we need a budget if we both have sufficient income to meet our reasonable need?

Building a Budget

Cash Flow - Is Support Needed?

Cash Flow Introduction

Spousal Support

Was this module helpful?