We're Here to Support You.
I need help in Colorado
Understanding Spousal Support.
Divorce proceedings often involve multiple lengthy processes that can be daunting. Alimony, or spousal support, is a crucial part of the divorce process, acting as financial support for the spouse that requires it. It’s a regular and set payment made by one spouse to the other, and its determination can be intricate.
Historically, it was often the man who provided alimony to the woman. However, times have changed, with more women becoming the primary earners. Regardless of who provides the support, the amount is determined by a list of factors influenced by various elements. The court considers factors such as the duration of the marriage, the income and expenses of each spouse, the standard of living established during the marriage, the physical and emotional state of each spouse, the earning capacity of both parties, and the financial responsibilities each will have concerning minor children.
- Rehabilitative Alimony: This temporary support assists a spouse financially after a divorce. It can be adjusted based on the changing financial situations of either spouse.
- Lump Sum Support: This is a one-time payment, equal to the total amount of future monthly payments. It’s the only form of alimony that can’t be modified, so consulting with an experienced lawyer before deciding is essential.
- Durational Alimony: This support provides financial assistance for a set period, especially for those in shorter marriages.
- Bridge-the-Gap Alimony: This short-term support helps a spouse transition from married to single life, addressing specific, short-term needs.
- Temporary Alimony: This support provides stability from the time the dissolution of a marriage petition is filed until the final judgment.
- Permanent Alimony: This indefinite support is typically awarded in longer-term marriages and can be modified under certain circumstances.
Whether you’re the one providing or receiving alimony, understanding your rights is essential. At Sustainable Family Solutions, we’re here to guide and support you through every step. If you have questions or need assistance, reach out to Sustainable Family Solutions for expert guidance.