Shared Economic Responsibility Formula (SERF)
Shared Economic Responsibility Formula (SERF) - when children spend substantial amounts of time with both parents, the Michigan Child Support Formula considers the child support recipient's expense savings. SERF may only be used if both parents annually care for the child a minimum of 128 overnights pursuant to the terms of a custody/parenting time order.
Spousal Support (formerly alimony) is money to be paid in a divorce, separate maintenance, or annulment case by one spouse to the other for the support of the recipient spouse. Under Michigan case law, the court must consider eleven factors in determining whether (and in what amount) spousal support is to be awarded:
- Past relations and conduct of the parties (fault).
- Length of the marriage.
- Ability of the parties to work and their respective incomes.
- Source and amount of property awarded to the parties.
- Age of the parties.
- Ability of the parties to pay spousal support.
- Present situation of the parties.
- Needs of the parties.
- Health of the parties.
- Prior standard of living of the parties and whether either is responsible for the support of others.
- General principles of equity.
Posted on Sun, August 21, 2011
by Carl Sears filed under