Child support and division of property are common after divorce. Alimony, on the other hand, is only an option and is often ordered when one of the ex-spouses is financially incapable in terms of supporting his or herself after the marriage. This can be talked out in a trial or an out-of-court settlement.
Alimony Before and Today
During the early years, alimony was only awarded to unemployed or stay-at-home wives. They received regular payments from their ex-husband as a form of financial support to help them live according to their standard of living when they were still married. Other times, it was given to help them financially until they have found a means to support themselves after divorce, such as a job.
However, today, anyone of the spouses could be ordered by the court to pay alimony based on just and acceptable conditions, according to family lawyers in Colorado Springs. Therefore, gender has completely nothing to do with it, but income or financial stability above all. This means that it is possible for an employed ex-wife who earns thrice as much as his employed ex-husband to pay alimony if his salary is not enough to support his needs.
Who Pays Alimony and How Much
Financial capability is the main deciding factor as to who pays alimony and how much. But because the idea of paying spousal support is so that none of the spouses will have to proceed washed up and a loser after the divorce, the higher-waging spouse is ordered to pay alimony. The salary along with other sources of income is a measure used to determine the amount. However, the amount of the alimony should ensure that there is also enough left for the paying spouse to support his or herself.
When Does Paying Alimony End?
The length of time an ex-spouse will have to pay alimony depends on how incapable the ex-partner is and how much time he or she needs in order to be able to support his or her needs again. Usually, the period must be at least enough to obtain the necessary skills or experience needed to have a better job.
Alimony automatically ends when the receiving spouse remarries. The death of the paying spouse though does not necessarily mean automatic termination. When the receiving spouse still lacks financial security for any valid reason like health conditions, alimony must still be paid from the paying spouse’s life insurance proceeds or estate.
Alimony should not be looked at as a financial burden as what it has been before. After all, it really is not. When not abused and properly discussed with the help of a family lawyer, it turns out as the best protection against financial obstacles resulting from divorce.