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PALIMONEY
pal·i·mo·ny/ˈpaləˌmōnē/
Noun:
Compensation made by one member of an unmarried couple to the other after separation.
I Introduction
PALIMONEY is friendly game of divorce about PALS and MONEY, pronounced p-alimony. It is a game of alimony calculated for pals for spouse support payments. It contains a spouse support calculator.
It is played in the manner of supernifty where you create your own game of SCRABBLE BANANA. See
http://www.supernifty.com.au/speed_scrabble.php . Two random tiles are turned over in a round.
II Created Game
Suppose a couple settling a "friendly divorce" set upon playing SCRABBLE BANANA. Dealer picks 52 tiles at random (draw two at a time) from the banana bag, one for each week of a year, dividing into 26 for each other. They each further divide 26 into 16 for themself plus 10 for the pot, so the division is 16-20-16. Turning over the tiles out of sight of each other, they both find THEQUICKBROWNFOX in their hand. They each cast off unseen three tiles,THE, into the pot, making the distribution 13-26-13 .
Both think that they can win by placing down three words: QUICK BROWN FOX and go out to win. Neither knows the other has an unbeatible winning hand of the game, depending upon who moves.
Both throw an extra $5,000 into the pot, one from last year's wages, the other from next year's taxes.
III The pot
Being PALIMONEY, they each bet their entire yearly salary: the dealer $240,000 the player $40,000.
Their combined yearly salaries are $280,000 and dividing by four gives $70,000 per quarter: 13 weeks.
Each tile played down is worth one week of pay. Thirteen weeks QUICK BROWN FOX is worth $70,000.
There are four games to play (four quarters in a year) to win all the PALIMONEY (four times $70,000).
III Dealer deals and the player wins
The player plays first and wins one game of the four, whereas the dealer quits. (70,000 to 40,000). The player is ahead by $40,000 and the dealer is behind by $40,000 (40,000 to 240,000 is 1/6 th total lost. The dealer quits 0-1 the game. They now decide how to divide up the pot of 13-26-13 $290,000. Now 13-26 is 1 to 2, one player having won 13 weeks ($70,000). The division is 26/39 is 2/3 and 13/39 is 1/3. $280,000 - 40,000 = $240,000 divided into thirds = $(240,000)/3 = $80,000 . The dealer retains two/thirds $160,000, and the player retains $80,000 plus $40,000 = $120,000. (Half the dealer's salary)
[(A+B)-(B)]*(2/3) + (1/3)*[(A+B)-(B) = [(A+B)-(B)] = [(A*B)/B]; A=240,000; B=40,000;
(2/3) + (1/3) = [(A*B)/B]/[(A+B)-(B)] = 1 = [(240*40)/40]/[(240+40)-(40)]
160,000/240,000 = .67 (2/3) Dealer
120,000/40,000 = 3.0 = 1/(1/3) Player
IV Conclusion
If this game of PALIMONEY seems far-fetched look at the SPOUSE SUPPORT CALCULATOR below:
Alimony equals 30% of the payor’s gross income minus 20% of the payee’s gross income (with the payee’s total income including alimony not to exceed 40% of the combined gross income of the parties).[11]
The payor's alimony to the payee is (30,000 plus 3,000) plus 30,000 (2 years) or $63,000 compared to the banana game $120,000 (40,000 plus 80,000 ) for one year (twice as much).
The payor of alimony might just take the chance of a random draw of the tiles in the banana game. At least one might pay one chance in two (1/2)*120,000 or $60,000 instead of $63,000 plus court costs.
Note the defendant earns 45,000 in the calculator below; 40,000 in the game above. Assume 45,000 is last year's income and 40,000 is this year's income. The plaintiff earns 240,000 plus tax refund 2012.
Appendix
Temporary Spousal Maintenance Guidelines Calculator (Includes Low Income Adjustment)
INSTRUCTIONS
PUT INCOMES IN FIELDS 1 & 2 AND PRESS ENTER.
TO START OVER ------------------------------------------>
2. Defendant 45,000
I. INCOME
1. Plaintiff 240,000
Income Over 500K
3. Plaintiff
4. Defendant
II.
CALCULATIONS
Income (up to $500,000):
5. Plaintiff 240,000 * .30 = 72,000 ; 45,000 * .20 = 9,000
7. Calculation A 30% of Payor's Income minus 20% of Payee's Income 63,000
8. Calculation B 40% of Combined Income minus Payee's Income 285,000 * .40 = 114,000 - 45,000 = 69,000
9. Guideline Amount The Guideline Amount is the Lesser of Line 7 and Line 8; or zero if Line 8 is less than or equal to 0
Low Income Calculation (If Applicable):
10. Payor Income minus Guideline Amount
11. Low Income Award
Where the guideline amount would reduce the payer's income
below the self-support reserve ($14,702);
the award is the payor's income minus the self-support reserve. If Line 11
equals zero, there
is no
adjustment for low income.
• Income Exceeds $500,000: If the payor's income exceeds $500,000, the court considers the 19 factors set forth in DRL §236 Part B(5-A)(C)(2)(A) in determining any additional award
of temporary maintenance based on the income above $500,000. See
Page 2 for a
list of these factors.
• Adjustment
of Award: The court may adjust the award
if
it finds the award is unjust or inappropriate based on consideration of 17 factors set forth in DRL.§236 Part B(5-A)(E)(1). See Page 3 for a list of these factors.
6. Defendant
Basic Calculation:
III.
AWARD 63,000
PAYOR:
12. Annual Amount 30,000 30,000 3,000
13. Monthly Payment 2500 2500 250
14. Bi-Weekly Payment 1250 1250 125
15. Weekly Payment 625 625 62.50
240,000 - 30,000 = 210,000 taxable income
45,000 + 30,000 = 75,000 taxable income (does not exceed .40 * 285,000 = 114,000)
The 1/3-1/3-1/3 formula suggests that alimony should be calculated as
follows: Alimony equals one third of the total of the payor’s gross income plus
the payee’s gross income, minus the payee’s gross income.
Sample Calculation:
Calculation of Suggested Alimony Order:
29
John’s Gross Income $125,000
+ Jane’s Gross Income $ 25,000
= $150,000
÷ 3
$ 50,000
- Jane’s Gross Income $ 25,000
= Suggested Annual Alimony Order: $ 25,000 from John to Jane
THE DIVORCE SPOUSAL SUPPORT CALCULATOR
Page 10 of 25
Revised as of July 15, 2011
Payor's Gross Income $240,000
Payee's Gross Income $ 40,000
Total divided by 3 $280,000/3 = $90,000 + 10,000/3
Minus Payee's Gross Income $40,000
Suggest Annual Alimony Order: $50,000 + 10,000 each third year
http://www.kelseytrask.com/Docs/SpousalSupport.pdf