If you are going through a divorce, you may be worried about how this will affect you financially. Here is some information about spousal maintenance.
Spousal Maintenance/ Alimony
One of the most important issues that are raised when I meet with a client is the issue of spousal support or maintenance. Some clients like to refer to it as alimony and that’s an old term that we used to use. Spousal support and maintenance is a critical issue in determining your lifestyle moving forward. When we sit down, we go over all the factors, all the circumstances, everything that will have any consequence in determining what it is that you’re going to need to live on moving forward.
We will take a look at the length of the marriage, disparity of the respective incomes of the parties, your health, your education, the prospect of being able to earn money in the future, and whether or not you’ve had a career during the course of your marriage or can create a career moving forward. All of these issues are very significant. When we sit down, we’re going to make sure that you’re going to be able to survive on the income that you’re going to be receiving, so be prepared. We’re going to spend a lot of time on that issue.
How Long is Spousal Maintenance Paid?
One of the fundamental issues involving maintenance is the duration. The duration varies depending upon the circumstances of the parties; the length of the marriage and the ability of a party who’s not been earning money during the marriage to put themselves in a position where they’re going to be able to support themselves. We’re going to take a look at your education, we’re going to look at your career history, and we’re going to look at your talents to determine what you can do moving forward to help benefit yourself and your family.
If you have any further questions about spousal maintenance, please call Buffalo Divorce Attorney Randy Gugino today for a free consultation.