Is spousal maintenance for life?
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Is spousal maintenance for life?
How long are spousal maintenance payments? Spousal maintenance payments are not long term. They are intended for a discrete period of time following separation to enable the applicant to get back on their feet.
Does spousal support change with income?
In situation (iii), income may have to be imputed to a recipient spouse who has failed to maximize earning capacity, as has been discussed above in Chapter 13 on self-sufficiency. Under the without child support formula, as the gross income difference between the spouses narrows, spousal support will be reduced.
What happens if I lose my job and can’t pay alimony?
This is a legally-binding court order requiring one of the spouses to pay financial support to the other, lower-earning spouse. If you have been ordered to pay spousal support, you must pay as required and follow the court order. Unfortunately, if you lose your job, making the ordered payments can become impossible.
How do I get out of permanent alimony?
If it can be proven that the receiving spouse is involved in a new supporting relationship, the paying party can petition to terminate alimony payments. It is also possible to end alimony through closely reading any prenuptial agreements made.
