Spousal maintenance, also known as alimony, is money one spouse pays to the other spouse after a divorce. It is designed to help the recipient maintain a lifestyle that is similar to what they had during the marriage. Determining the amount of spousal maintenance can be a difficult process. This article will discuss the factors to consider when determining spousal maintenance amounts.
Income of the Payor:
The primary factor for determining spousal maintenance amounts is the income of the payor. This includes both income from employment and other sources such as investments. The court will also look at the payor’s ability to pay spousal maintenance, taking into account their current financial situation. You can also hire Spousal Maintenance Lawyers via Culshaw Bishop by visiting various online sources.
Income of the Recipient:
The court will also consider the income of the recipient when determining spousal maintenance amounts. This includes both income from employment and other sources such as investments. The court will take into account the recipient’s ability to support themselves financially and their ability to obtain employment.
Length of Marriage:
The length of the marriage is also an important factor in determining spousal maintenance amounts. Generally, the longer the marriage, the higher the amount of spousal maintenance will be. The court will also consider the length of the marriage when determining whether spousal maintenance should be paid at all.
Standard of Living During the Marriage:
The court will also consider the standard of living during the marriage when determining spousal maintenance amounts. This includes the lifestyle of both spouses during the marriage and how much it costs for them to maintain that lifestyle.
Other Factors:
The court will also consider other factors when determining spousal maintenance amounts. These include the age of the spouses, the health of the spouses, the earning capacity of the spouses, and the contribution of each spouse to the marriage.