This post is part of a two part series on spousal support. If you haven’t already, you’ll want to check out part 1 before reading it.
Factors that influence spousal support
- Length of the union – Generally speaking, the longer the marriage, the longer the spousal support payments will continue.
- Age of the parties at the time of the divorce – As a rule, younger people are considered more easily able to move on with their lives, and are likely to be awarded less alimony over less time.
- Relative income of the parties – Obviously, the higher earning spouse is most likely to be the one paying alimony. The court will also consider the standard of living the lower earning party has become accustomed to, and attempt to preserve that if it is reasonable.
- Division of property in the divorce – If the lower earning party is awarded a large amount of valuable property in the divorce, it will likely reduce the amount of spousal support they receive.
- Future earning potential – A spouse who is likely to earn much more in the future is likely to pay more in alimony.
- Health – If either party has ongoing health issues, it affects their financial need in the eyes of the courts, and it also affects their prospects for future employment and earning potential.
- The court will take all of these factors into consideration when determining which type of spousal support is appropriate, who will pay spousal support, how much they will pay, and how long they will pay it.
Determining spousal support can be a stressful, high stakes experience.
You’re going to want an attorney on your side with a wealth of experience in divorce and family law. PJ Hartman has over 15 years of experience, and will fight to ensure your interests are protected. Give us a call today.