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What You Need To Know About Alimony

WhatYouNeedToKnowAboutAlimony.jpgThe divorce rate is around 50%. Although the divorce rate is high, not many people go out of their way to inform themselves on what would happen if they were to have a divorce. The reality is that many couples do not consider these aspects until they are going through the divorce themselves. Alimony payments are also known as spousal support. If you are earning substantially more money than your spouse, there is a good chance that you might potentially be ordered to pay some alimony. Alimony is usually awarded to long marriages, and less often short marriages. Alimony is also not usually awarded if you and your spouse earn around the same amount.
If you do have to pay alimony, you will have to pay this amount until one or more of the following factors occur. Usually a date will be set by the judge for several years in the future. This is usually an indication of when the alimony could end. Other factors that can change the circumstances is if your former spouse remarries, your children no longer need a full-time parent, some significant event such as retirement occurs, one of you passes away, or if a judge allows time to go on and sees that your spouse is not trying to be self-supporting or sufficient.
If you and your spouse are on good terms, and able to come up with an amount that you both agree on, then this would possibly be the best option for you. If you cannot agree on an amount then court will make the decision. This means that there will be a trial and it will cost both of you time and money. 

Alimony has been law for more than 100 years. It is not usually ordered as much these days, but that doesn't mean that there is no chance of it being ordered for you and your spouse.
Usually if you are someone who expects alimony, it will be decided on your capacity to earn. You might be making a certain amount, but the court will also make a decisions based on other factors. You may be required to make lifestyle changes. For example, if you are only working part-time, court might want you to work full-time as well as, work somewhere with higher pay.
If you were awarded alimony and your spouse refuses to pay, then you need to make immediate legal action. This will enforce the order. If your spouse is not making the payments, the court can take actions against your spouse.
Sources: NOLO 

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