Alimony, also known as spousal support, is one of the most highly contested issues in many divorces. Facing an uncertain financial future can cause a lot of stress and makes an already difficult legal process even harder. When a court is deciding the amount of alimony that should be allocated to a spouse, some of the factors taken into consideration are the incomes and assets of each spouse; the duration of the marriage; living expenses; and the ability of each spouse to earn an income.
There are different types of alimony available in the state of Florida. An experienced Tampa divorce lawyer will be able to address all of your concerns regarding the amount and duration of any spousal support potentially granted in your case.
While the divorce proceeedings are ongoing, one of the spouses may need financial assistance in order to cover living expenses and maintain a certain standard of living. When this situation arises, the spouses can negotiate a temporary alimony agreement that will remain in effect until the divorce is finalized and a financial settlement is reached.
Bridge the Gap
If a couple has been in a short-term marriage, this type of financial support helps the receipient cover their expenses until they are able to obtain the education and skills needed to become self-sufficient. The alimony will only be distributed for a short period of time to make it easier for the receiving spouse to eventually become financially independent after the divorce.
The receipient of this type of alimony has demonstrated the need for ongoing financial support. A set amount of money is given for a fixed period of time that won’t exceed the length of the marriage. The payments may end when the person receiving the money remarries or one of the spouses dies. Either spouse can request that the amount of the alimony be modified, but the request will only be granted if there is a significant change in circumstances.
This type of alimony is applicable when a spouse needs to receive a specific type of education or training that will improve his chances of being able to financially support himself. The spouse receiving the alimony must submit a detailed plan that explains the steps he will take to become self-sufficient and the estimated length of time he will need financial support.
When a spouse doesn’t have the ability to become financially independent, permanent financial support may be granted. This is usually awarded in divorce cases involving long-term marriages. The alimony ends when the spouse receiving the payments remarries or dies. The alimony can also be modified based on changes in income, health and medical needs, or other changes that affect the spouse’s standard of living.
Dealing with a divorce is one of the toughest challenges a person can go through in their life. Ensuring that your rights are protected and working towards an outcome that is best suited for you is crucial. A Tampa divorce lawyer will be able to explain your legal options and provide the support you need throughout the divorce proceedings.