How does the standard of living during the marriage impact the cash flow analysis?

This differs from state to state, but often the legal analysis for support is based upon the standard of living during the marriage. This means that your budget moving forward should be based on a similar standard of expenses and lifestyle as during the marriage. If you earn enough alone to meet this budget, then no additional support is needed. But if you cannot meet your own budget, based upon the standard of living during the marriage, you may then have a case for support from your spouse.

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 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).

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How does the standard of living during the marriage impact the cash flow analysis?

Building a Budget

Cash Flow Introduction

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