Spousal Support or Alimony

2014-07-14 9

You've got a divorce and now it's time to solve alimony problems? Need help to modify alimony or you want to terminate alimony? Whenever spousal support arrangements are at issue, you should consult with a family attorney. The proper alimony attorney will not only inform you of your rights, but also preserve any possible legal remedies that you may have. Alimony also referred to as Spousal Support or Maintenance is a monthly payment made by one spouse to the other following a divorce. The court awards an alimony to be paid in case the spouse is unable to meet his or her needs without financial assistance. There are two Spousal Support types: 1. Temporary (rehabilitative) - when a former spouse needs time to: - get back into the job market - brush up on skills - complete an educational program - raise the children 2. Permanent (reimbursement) - when a spouse may never become self-supporting due to: - age - disability - illness You might consider to choose a Lump-Sum Alimony payment over the classic way of paying Spousal Support. It is an alternative to monthly spousal support payments which can be paid by a lump-sum payment. This type of alimony payment has its advantages as well as disadvantages. Advantages: the payment is performed just once, so both parties can avoid future issues related to paying and collecting support, as tedious and unpleasant as they are. Disadvantages: usually a lump-sum payment: - will be discounted - will have a tax on it - which will result in you receiving a less sum opposed to the longterm-spread sum Another frequently asked question about Spousal Support is “How is the Amount of Alimony Determined?” There are several factors the courts usually consider on this matter: 1. a) age b) physical condition c) emotional state d) financial condition of the former spouses 2. The length of time to become self-sufficient (needed for education or training). 3. The couple's standard of living during the marriage. 4. The length of the marriage. 5. The ability of the payer spouse to support the recipient and still support himself or herself. Does Alimony come into question? If so, one of the best things you can do is to contact an experienced spousal support attorney and get the legal assistance you deserve. The best attorneys can be found on Legal Bistro. Our site was created specifically for lawyer's search to be performed in comfort. The service is 100% free for consumers and you remain anonymous throughout the entire process of finding the right lawyer. So what have you got to lose? Come and visit our site at http://www.legalbistro.com.

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