When a couple divorces in Stillwater, there is the possibility that one spouse will receive alimony from the other. According to the law, there are numerous justifications for one spouse to pay and the other to receive spousal maintenance. The reasons for spousal maintenance are based on property and ability to self support. Also important is the duration of the payments, whether it will be permanent or have a predetermined end and if a private agreement between the parties can be reached.
A common concern for people in Minnesota who are choosing to get a divorce is how much spousal maintenance - if any - they will have to pay or will receive. Often, one spouse provides the support during the marriage and when a marriage ends, the other spouse will have a limited set of skills to get a job. They may also have other responsibilities such as children that make it impossible to function without enough alimony to pay for everything.
When a marriage fails in Minnesota, it's a disappointing and sad time for all parties involved. Whether the marriage extended over many decades or was short-lived, there's a sense of loss that the marriage simply didn't work out for one reason or another. If there are children involved, the series of issues can grow contentious and difficult. Even if there were no children as part of the marriage, a frequent dispute that arises has to do with alimony -- how much should be paid and for how long.
There are many concerns for a divorcing couple in Stillwater. In some instances, there are significant assets, children whose future living arrangements have to be determined and how much spousal maintenance will be paid. Alimony is frequently in dispute when there is a divorce. The amount of money that will be paid is often disagreed upon and, in some instances, the payer fails to keep up with the payments.
There are multiple types of financial payments that might be ordered in a divorce decree. One type is child support, while another is spousal maintenance. Spousal maintenance, also known as alimony, is a payment that one spouse makes to the other spouse for the benefit or care of that spouse. While traditionally, alimony was paid to ex-wives, Minnesota readers may find it interesting to learn more and more men are receiving spousal maintenance than ever before.
When couples divorce, it is not uncommon for the spouse with a higher income to pay the other spouse alimony or spousal support. For readers who are unfamiliar with the term, alimony is a financial obligation that a court can require in the divorce decree to help provide assistance to the spouse with lesser means. In Minnesota, the court refers to it as spousal maintenance. While most people are familiar with the basics of spousal maintenance, what some people may not know is that it is not dischargeable in bankruptcy.
Alimony is often a contentious subject in divorce. Nevertheless, if the divorce settlement agreement or court order states that one party is required to pay spousal maintenance to the other party, it is important that the payee comply with the order. Individuals who choose to take the law into their own hands can find themselves in serious trouble. Minnesota readers may find the following blog on modifying alimony awards interesting.
Alimony or spousal maintenance is often one of the most contentiously debated issues in divorce. In fact, a number of states have begun debating alimony in light of changing times. At the center of many of the debates is permanent alimony. Permanent alimony refers to spousal maintenance that continues for the life of the recipient. Minnesota readers may find the following article on spousal maintenance interesting.
Alimony, also known as spousal maintenance, is a payment made to the spouse of lesser means in accordance with the divorce settlement agreement. Alimony is intended to compensate the lesser earning spouse for any economic unfairness that occurs as a result of the divorce. In Minnesota, the court looks at a variety of factors when calculating spousal maintenance, from the needs of the spouse to the length of the marriage.
Alimony, also known as spousal maintenance, is often one of the most contentious issues in a divorce proceeding. What readers may not know is that in nearly every state, alimony can be made permanent. While alimony has long been a source of frustration for high-income spouses, the permanent nature of such awards is particularly controversial. In response, a number of states are beginning to reconsider alimony laws to remove permanent support as a possibility in divorce proceedings.