Alimony is a sum paid by one ex-spouse to another to make up for the financial disparities. This spousal support is to help bridge the financial unevenness between ex-spouses that might result from a divorce.
Traditionally, one spouse would put the family ahead of their career and professional development thus devoting their life to the family’s upbringing and development. That impedes their professional development causing financial problems for that spouse in the case of a divorce. To help make up for these discrepancies, alimony or spousal support has come into play. The other spouse who got the chance to build up their career and profession along the way will pay alimony.
This alimony is paid to the spouse in consideration only as long as it is necessary. That is till that spouse obtains sufficient skills and training to become financially independent or till the recipient spouse remarries. In either of the above case, alimony will be terminated.
Some factors that are considered when deciding on the amount of spousal support are as follows.
- Length of the marriage
- Time needed to gain sufficient skills and training to become self-sufficient
- Physical and emotional conditions of the spouses
- The standard of living prior to divorce during the marriage
- The financial ability of the payer spouse to pay alimony to the payee spouse
Your Divorce Lawyer in Orlando will tell you that alimony can be paid/received as a lump sum or monthly payments. The spouses can decide on this payment method as is suitable for them.
Your Divorce Lawyer will play a major role in determining the outcome of your divorce. Make sure that you possess the legal assistance required to protect your rights along the way. We, at Erin Morse Law Firm Orlando, holds the best title in the market when it comes to handling family law cases. Call our office to set up an appointment to discuss your case.