Protecting Your Financial Future In Spousal Support Matters
Similar to child support, spousal support (alimony) agreements are determined by formulaic calculations handed down by the courts during litigation. A major concern for most people is whether the courts will consider all contributing factors when structuring a plan. Unfortunately, they often don’t.
Cost-Effective Alternatives To Litigation When Determining Spousal Support
As experienced attorneys, we understand the frustration felt by couples whose spousal support agreements fail to reflect the realities of their situation. That is why we encourage our clients to consider the alternative options of collaborative divorce or mediation.
Although you may want to consider many of the same factors the courts use to formulate a judgment for support, you and your partner have all the power to create an agreement that may not comply with the state’s guidelines.
Some considerations our lawyers can help you address include:
- Earnings of each spouse
- Ability to maintain a commensurate standard of living
- Contributions made to the household
- Financial obligations and assets
- The duration of the marriage
- The age, health and overall well-being of both parties
- Tax consequences
- The balance of hardships to both parties
- The prospects for self-sufficiency in the future
- Potential for increase in earnings
- Contributions made to child rearing
- Contributions one spouse made to allow the other to pursue a career or education
Get The Legal Help You Need
It’s important to consider the financial consequences of a divorce. In many instances, one party is reliant on his or her spouse to handle the family’s finances. After a split, it can be difficult to adjust. At our Rocklin, California, law offices, we help people pursue alimony that is fair and just.