Spousal support is also known as alimony which is the money paid out to the former wife or husband for his or her support.
Our firm carries extensive experience in solving issues of spousal support. Whether it is long term spousal support or short term spousal support, our attorneys at SRISLAWGROUP will identify your situation as well as your needs and will provide you with an estimates under a number of different scenarios to provide you with guidance for going forward.
The Judge will certainly be the one to decide both temporary maintenance and also post-divorce support depending on a number of factors as set out below :
• The earnings of the respective parties which includes marital property distributed pursuant to subdivision 5 of this part;
• The duration of the marriage;
• The health and age of both parties;
• The present and future income capacity of both parties;
• The necessity of one party to sustain training or education expenses;
• The duration and existence of a pre-marital joint household or a pre-divorce separate household;
• Acts by one particular party against the other that have inhibited or continuously inhibit a party’s earning capacity or obtain meaningful employment. Such acts include but are not restricted to acts of domestic aggression.
• The ability of the party seeking support to turn out to be self-supporting and, if applicable, the time frame and training necessary consequently;
• Reduced or lost lifetime earning capability of the party seeking support resulting from having foregone or delayed education , employment ,training , or career opportunities during the marriage;
• The existence of children of the marriage in the respective homes of the parties;
• The care of the children or stepchildren, disabled adult children or stepchildren, elderly parents or in-laws that has inhibited or continues to reduce a party’s earning capacity;
• The inability of one party to get hold of meaningful employment as a result of age or lack from the workforce;
• The need to pay for exceptional extra expenses for the child/children, which includes although not limited to, schooling, day care and medical treatment;
• The tax consequences to party;
• The equitable distribution of marital;
• Contributions and services of the party seeking support as a spouse, parent , wage earner and homemaker , and to the career or career potential of the other party;
• The inefficient dissipation of marital property by either spouse;
• The encumbrance or transfer made in contemplation of a matrimonial action without fair consideration;
• The loss of medical health insurance benefits upon dissolution of the marriage, availability and cost of medical insurance for the parties; and
• Any other factor which the court will expressly discover to be just and proper. For you that you’re interested in learning more and wish to consult with an attorney, please do not hesitate to contact our office for a consult.