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What factors can affect your alimony payments?

On Behalf of | Nov 7, 2024 | Divorce

In almost all situations, the primary purpose of alimony is to financially support the nonearning or less-earning spouse. If you were dependent on your spouse during your marriage, you might be able to make a spousal support request.

However, you are probably wondering how much you can receive in alimony or how long it will last. To put it simply, several factors can affect both the amount and type of support you receive.

Length of marriage

One of the most common determinants of spousal support is length of marriage. Generally, the longer the marriage is, the larger the amount of spousal support. The rationale is longer marriages tend to have higher degrees of financial interdependence.

Financial disparities

Courts also look at the income and earning potential of both spouses, and the spouse with less of both will likely have a higher chance of receiving support after the divorce.

For example, if you stayed at home to take care of the kids while your spouse earned a living, you essentially have less income as well as lower earning potential due to the employment gap. The court will likely award spousal support to promote equity.

Standard of living

If you enjoyed a certain type of lifestyle during the marriage, the court may award spousal support to maintain that lifestyle after the divorce. In general, the more expensive the lifestyle, the more likely the court will award alimony. This is especially true in longer marriages.

Understanding your rights can help secure your financial future

As a dependent spouse, you may have trouble transitioning to an independent lifestyle after the divorce, especially when it comes to finances. This is why considering alimony is so important. It can help maintain your lifestyle, secure your future and compensate you for your contributions during the marriage.

Whatever your situation may be, you must file an alimony claim before the entry of divorce judgment. A legal professional can help you through this process and work together with the other party for a fair agreement.

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