Alimony is usually an important topic of discussion when it comes to divorce. Although state laws vary on this issue, courts commonly use the “the standard of living of the marriage” to determine alimony.
The standard of living will range from situation to situation. For example, some spouses’ standard of living includes a lavish lifestyle while others live in moderation. In order for a judge to determine whether to award alimony, the judge will examine whether both spouses can live in a similar standard of living after the termination of the marriage as they did during the marriage.
The purpose of alimony, otherwise known as spousal support, is to prevent unfair economic effects divorcing to the receiving spouse. The receiving spouse typically earns less income than the providing spouse.
Of course, if the parties are engaging a mediation process or collaborative process, one spouse may waive his or her right to alimony. Moreover, spouses may agree on the amount of alimony that will be given and the term of the alimony.
If the matter is litigated, Judges consider many factors when deciding whether alimony will be awarded. These factors include, but are not limited to:
It is important to speak with an attorney to determine whether your divorce will be subject to alimony.
There is a way to get divorced that will:
1. Avoid court and the loss of privacy, control and uncertainty associated with the traditional process
2. Protect your children and their feelings from the trauma of a court battle,
3. Ensure that everyone’s financial interests are met so that you can finally move on with your life and embrace a new beginning,
4. Save money and time while helping you and your spouse find creative solutions that meet both of your needs.