The Brandenburg Formula Calculator is a financial tool designed to help individuals and financial professionals assess the distribution of marital assets. By calculating the Brandenburg Formula, users can determine the proportion of separate funding contributed to the total marital asset funding. This calculation is essential in scenarios such as divorce settlements, estate planning, and financial assessments, ensuring a fair and transparent distribution of assets based on individual contributions.
Formula of Brandenburg Formula Calculator
Brandenburg Formula (BF) = Separate Funding (SF) ÷ Total Marital Asset Funding (TMAF)
Separate Funding (SF) = Inherited Money Contributed (IMC) + Other Separate Contributions (OSC)
Total Marital Asset Funding (TMAF) = Separate Funding (SF) + Joint Funding Contributions (JFC)
- BF: Brandenburg Formula result (expressed as a decimal or percentage)
- SF: Total separate funding contributed to the marital asset
- IMC: Inherited money contributed to the marital asset
- OSC: Other separate contributions to the marital asset
- TMAF: Total funding contributed to the marital asset
- JFC: Joint funding contributions to the marital asset
General Terms
| Term | Definition |
|---|---|
| Separate Funding (SF) | Total amount contributed individually to the marital assets. |
| Inherited Money Contributed (IMC) | Money received through inheritance that is added to marital assets. |
| Other Separate Contributions (OSC) | Any other individual contributions aside from inherited money. |
| Joint Funding Contributions (JFC) | Funds contributed jointly by both parties to marital assets. |
| Total Marital Asset Funding (TMAF) | Combined total of separate and joint funding contributions. |
| Brandenburg Formula (BF) | The ratio of separate funding to total marital asset funding. |
Example of Brandenburg Formula Calculator
Imagine a couple, Alex and Jamie, who are evaluating their marital assets using the Brandenburg Formula Calculator.
- Inherited Money Contributed (IMC): Alex inherited $50,000 and contributed it to their joint savings account.
- Other Separate Contributions (OSC): Jamie had $20,000 from a personal bonus and added it to the same savings account.
- Joint Funding Contributions (JFC): Together, they also contributed $130,000 from their salaries to the savings account.
Calculations:
- Separate Funding (SF) = IMC + OSC
SF = $50,000 + $20,000 = $70,000 - Total Marital Asset Funding (TMAF) = SF + JFC
TMAF = $70,000 + $130,000 = $200,000 - Brandenburg Formula (BF) = SF ÷ TMAF
BF = $70,000 ÷ $200,000 = 0.35 or 35%
Result: The Brandenburg Formula result is 35%, indicating that 35% of the total marital assets are from separate funding.
Most Common FAQs
The Brandenburg Formula Calculator provides a clear and objective way to assess the proportion of separate versus joint contributions to marital assets. This clarity is crucial during divorce proceedings, estate planning, or financial assessments to ensure fair and equitable distribution based on individual contributions.
Yes, while the Brandenburg Formula is primarily use in marital contexts, it can also be apply to other partnerships or joint ventures where distinguishing between individual and collective contributions is necessary for fair asset distribution.
Any marital asset that has both separate and joint contributions can be included. This typically includes bank accounts, real estate, investments, and other significant financial holdings. It's important to accurately identify and document each contribution to ensure the formula's accuracy.