When going through a divorce, one of the most contentious and complicated issues that often arises is alimony. Also known as spousal support, alimony refers to the financial payments made from one spouse to the other after a divorce. Determining alimony can be a complex process and can have significant long-term implications for both parties involved. In some cases, it may be beneficial to hire an alimony lawyer to ensure that your rights are protected and you receive a fair outcome.
High-Asset Divorce
If you and your spouse have substantial assets, determining alimony can become even more complicated. An experienced alimony lawyer can help you navigate through the complexities of dividing assets and determining an appropriate amount of spousal support. They can also help ensure that all assets are accounted for and properly valued so you do not end up with an unfair settlement.
Self-Employed or Business Owner
For individuals who are self-employed or own a business, calculating income for the purpose of determining alimony can be challenging. An experienced alimony lawyer will have the knowledge and resources to accurately assess your income and ensure that it is not artificially inflated or deflated by your ex-spouse in order to manipulate spousal support payments.
Disagreement on Alimony Amount
In some cases, spouses may disagree on the amount of spousal support that should be paid. This could be due to differing opinions on each other's financial needs or earning potential. An alimony lawyer can present a strong argument for why a certain amount is fair and reasonable based on factors such as income, lifestyle during marriage, and length of marriage.
Changes in Circumstances
Alimony agreements are not set in stone and can be modified if there are significant changes in circumstances for either party. For example, if one spouse experiences a significant increase or decrease in income, it may warrant a modification of alimony payments. An alimony lawyer can help you navigate the process of requesting a modification and ensure that your rights are protected.
Protecting Your Rights
Divorce can be an emotionally charged and stressful experience, making it difficult to make rational decisions. Having an alimony lawyer on your side can help alleviate some of the stress and pressure by handling all legal aspects of your case. They will also have a thorough understanding of state laws and how they apply to your specific situation, ensuring that your rights are protected throughout the process.
Contact a local law firm to learn more, like Rubinstein & Holz PA.
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