Alimony is an important part of many people's divorce settlements. As someone who gave your time and effort in marriage, you may have taken a step back to support your spouse. Perhaps you stayed home with your children or worked to help your spouse pay for college in hopes of reaping the benefits later in your marriage.
Alimony is an important part of many divorce cases. It gives a lesser-earning spouse an opportunity to have a higher income for a short amount of time so that they can become financially stable independently.
If you're someone who is the breadwinner in your family, the idea that your spouse wants a divorce may leave a bad taste in your mouth. You know that alimony could be a request they make, even though they've already relied on you to pay the bills for some time.
Either party involved in an alimony agreement has the ability to request a modification of the amount being paid or received. Because of this, there are specific reasons that courts most often accept as valid. Today, we will take a look at the reasons why an alimony order can be changed by the courts in Franklin, Ohio so you know what to request.
Once you and your spouse decide that you need to split, you will have a whole new set of issues to deal with. Life after a divorce is often more challenging than most Ohio residents expect. While you will eventually be free from an unhappy marriage, other issues may prolong your contact with your ex.
In many cases, alimony is set up to discontinue if your ex gets married again. The idea here is that your ex needs your financial support while single, but getting married gives him or her a new spouse to offer that support.
There has always been something of a wage gap between the genders, with women earning less money than men. However, there is one potential sign that the gap has been shrinking: Women who get divorced are being told to pay alimony more often.
In our previous post, we shined the spotlight on how fluid the concept of spousal support has become over time. Back in the day when the common model had husbands working and wives taking care of the home, spousal support, or alimony as it was then known, usually involved the ex-husband paying a monthly sum to the ex-wife in the event of divorce.
There was a time when divorce meant one spouse paid alimony to the other. In those days, the usual equation had the husband paying that money to his ex-wife. This was in addition to child support. Today, that equation isn't necessarily the one that applies. Indeed, most states don't even call it alimony. Instead, it's called spousal support.
As personal an event as divorce is, it is not something anyone goes through alone. At the very least, the hand of the government weighs in and will seek to be sure that tax obligations continue to be met one way or another.