Not all marriages end well. Others, in fact, turn so bitter that they end up in court. When divorce is necessary, there are always financial issues that need ironing out. One of them is spousal support or the financial assistance that recognizes a partner’s contribution to the marriage. Also known as alimony, this kind of support allows the less well-off partner to establish a new life after divorce.
Further Understanding Spousal Support
Many countries recognize spousal support with rules varying per state. Its primary goal is to ensure that the less well-off partner continues to receive an income even after divorce. A spousal support, however, does not indulge the ex-partner’s lifestyle, but only allows the person to find a job to fully support themselves eventually. In Albuquerque, divorce lawyers say that only a court can decide on how much and how long the financial assistance will be.
Determining the Amount of Spousal Support
Every state has its own rules and regulations when it comes to determining the amount of spousal support. Most courts, however, observe the following factors:
- Age, physical condition, emotional state, and financial condition of the former spouse;
- Length of time he or she needs the support;
- Couple’s standard of living during marriage;
- Length of the marriage; and
- The capability of the other spouse to support not only the ex-spouse but also him/herself.
Different Kinds of Spousal Support
There are many kinds of spousal support. Below are three of the most common:
- Rehabilitative Spousal Support – granted only for a specific period.
- Lump-sum Spousal Support – granted in lieu of a property settlement.
- Permanent Spousal Support – a continuous financial support that will only end when the recipient remarries or dies.
Not all divorces entail a spousal support. It is still the court’s call as they decide the need of one of the spouses. If you are seeking or would like to provide spousal support, make sure to hear the advice of an attorney.