What Is Alimony?
by Byron AshAlimony is what you could call spousal support, or the money that is given in support as part of an obligation to the wife or husband. This obligation is based upon the natural belief that even after the dissolution of a marriage, both parties are still connected and must support each other through the natural order of marital union. Alimony can extend through years after the divorce.
Once a divorce is ratified, both parties may either seek the recourse of alimony towards each other. But do take note that alimony are not rights. It isn't that for every divorce case that is resolved, alimony is suddenly asked for. Alimony is a privilege so to speak, but they aren't requirements at all for a divorce case.
Unless both parties are in a collaborative agreement, alimony will only be granted by the court depending on the financial status and willingness of the other party. However, if one party is already receiving support from the other, this can be denied or overturned. Usually prenuptial agreements cannot be removed or nullified, but they can be subjected to change on a case-by-case basis.
Child support is almost like alimony to the children that will be left behind. But it is not. True that the child will receive support even years beyond the event of the divorce but it is different from alimony. Alimony is treated as income to the receiving spouse and is deducted from their income. But child support is a world all on its own. Child support is not affected by taxes, and can take precedence over alimony.
There are different factors that will affect the amount of alimony. In Texas for example, payments for alimony are usually limited to marriages that lasted ten years or longer, and the payment period should not exceed three years since the start of payment, unless of course noted. Some states go for twenty years, some lower than ten. Other states allow the judge to decide. It would really depend upon the case and the location.
To find out exactly how to go around working with divorce, visit this website about divorce and when to do it.
Related post:
What makes for successful marriage.
