Spousal support (also know as alimony) represents regular payments made from one spouse to the other during a separation or after a divorce. The purpose of spousal support is to recognize the recipient spouse's contribution to the marriage and to assist that spouse to achieve financial independence where possible.
Spousal support or alimony in Farmersville, California is only granted to individuals who were actually and legally married. The rules regarding spousal support vary from state to state, and are often classified based on the length of marriage.
With regard to short marriages,
- The court assumes that you have kept the same ability to support yourself that you had before marriage.
- Each spouse is expected to be substantially independent and self-supporting within a short period of time.
With regard to long marriages (those lasting over 5 years), an extended or even lifetime spousal support may be ordered. The court takes into consideration a variety of factors such as:
- Each spouses assumed earning capacity
- The property and debts received by each spouse
- The physical and mental health of the receiving spouse
- Any disparity in earning capacity between the spouses
- Duration of marriage
- Other income
- Contribution to career or education
- Contribution as a homemaker
There are several types of spousal support or alimony arrangements in Farmersville, California. Each arrangement is based on the varying circumstances and needs of the individual.
- Rehabilitative alimony: Fixed spousal support paid for a specific period of time. This award is usually modifiable for upgrades in education or new work skills.
- Lump sum support: Some states allow a spouse to pay the total alimony obligation at the time of divorce. This amount is usually equal to the total amount of future monthly payments. A possible drawback of such an arrangement is that there may be significant tax consequences, so make sure you research all of your options with a professional.
- Permanent alimony: Spousal support paid for an indefinite period of time. Although there is no fixed date when support ends, it should not be expected that payment will be for life. In order to alter such an arrangement, you must petition the court for a change.
Spousal Support can be modified or terminated by the Court. There are different ways in which this can happen.
The events that end spousal support payment obligations include the death of either spouse or if the spouse receiving alimony gets remarried.
In some cases, several events may end or modify spousal support payment obligations, including:
- Paying spouse is either retired or terminated from work.
- Substantial increase in the income of the spouse receiving alimony.
- Spouse receiving alimony lives with another person romantically (cohabitation). Each court treats this situation differently. Some courts immediately terminate spousal support, while others look at whether there is a financial advantage and if the co-habitation looks like a marriage
It is wise to always keep accurate and detailed records if you receive or pay spousal support, and make sure you keep these records for at least 3 years. Doing so will allow you to protect your interests should there ever be a dispute.
Whenever spousal support arrangements are at issue, you should consult with a lawyer. The proper attorney in Farmersville, California will not only inform you of your rights, but also preserve any possible legal remedies that you may have.
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