Alimony is the amount paid to a person for the rationing of basic survival and maintenance needs. To process these resources, it is necessary that you submit a document of interest, the PIPE form or personal and economic information form .
Next, I will mention in detail everything related to this document.
Generalities of the PIPE personal and economic information worksheet
The PIPE form is a form which is filled out and consigned by the interested party to a court, notary public or to the official responsible for the administration of the child or adolescent support process.
This template is similar to a personal balance sheet, which is recorded with detailed information on each of the income and expense accounts, among other exceptional data obtained by both parents.
As the name indicates, in this format the personal identification data and the financial situation of the parents are expressed.
Its correct execution is extremely important, since the data have a great influence on the determination and allocation of the amount of alimony . It should be noted that the information provided by the parents in the form will be verified by the authorities ( judge or notary ).
Purpose of the form of personal and economic information
The data that you present in the personal and financial information sheet will result in the establishment of the amount of support for alimony.
In this sense, special attention is paid to the correct and reasonable way to fill in the form. The actual data, in particular expenses and income, should not be altered when filling in the aforementioned form.
The court official uses evidence search mechanisms to determine whether or not the declarant has sufficient income to pay the expenses indicated.
To be more precise, the official will carefully investigate all your income, not reflected in the payroll, such as: bonuses, commissions, overtime, among others. The aforementioned data can be considered as income.
The result of this analysis is accepted as an important part of the alimony compensation.
General structure of the PIPE worksheet
The PIPE form is structured as follows:
- It contains a series of instructions for its correct filling.
- Personal data of the declarant.
- Children’s personal data.
- Personal data of other minors who live in your residence.
- Information of other people who live in your residence.
- Information on financial aid (if you have requested it).
- Economic situation or personal balance.
- Taking the oath.
About alimony
It is the maintenance obligation that consists of providing a person in need with essential material assistance to live, such as food, shelter, clothing, care. To this help, you can also include funeral expenses.
Laws and regulations establish a reciprocal “maintenance” obligation only between parents and children (and other direct descendants and ascendants, grandchildren, grandparents, among others). Likewise, between spouses and former spouses .
The amount of the pension depends on the needs and assets of the declarant. There is no scale that defines the amount of support. It depends both on your own income and the needs of your family burden.
In this sense, the judge evaluates case by case. Therefore, the deductible amount of taxable income from support payments is not limited, except for those paid to unmarried children who are not married or living with a partner.
What Child Support Covers
The pension is the financial contribution of the parents to everything necessary for the daily life, maintenance and education of the children. The pension contributes to the payment of expenses related to daily living and also to special or exceptional costs related to the child. Therefore, it can be related to food, leisure, accommodation, medical expenses and studies.
Child support is not equivalent to the compensatory allowance or spousal support that can be arranged in the event of a divorce. The maintenance of the children is not linked to the marriage of the parents but to the maintenance of the children.
Assistance can be paid to the debtor in several ways: directly in cash by check or bank transfer or by paying certain child support expenses.
The maintenance obligation is, in essence, linked to the child and his life. Parents of children born out of wedlock have the same right as other children to the payment of alimony.
How to calculate alimony
Only the judge of family matters is empowered to set the alimony , unless there is mutual agreement between the parents (subject to approval by the judge). Its amount is calculated according to several items related to expenses and the means test of divorced or separated parents :
- The monthly net income of the separated parents.
- The credits.
- The rents.
- Taxes.
- The specific charges related to the child (age, health, studies …)
Based on the information provided by the parents, the judge may also decide that the amount of the pension will be reevaluated each year.
Alimony can be reviewed at any time, as long as the financial situation of the person paying support, or that of the recipient, changes. Consequently, the family affairs judge can issue a new judgment (enforceable title) reassessing upward or downward support payments.
Information for the calculation of alimony
- Parents’ income.
- The amount paid by the custodial parent for the rent or mortgage at the child’s place of residence.
- Details of children’s education expenses, such as: monthly fees, school fees, cost of school supplies, books, and uniforms.
- The amount of resources invested in medical services for minors.
- Also other expenses related to additional children’s activities, such as sports, music, dance, art, among others.
