Is alimony compulsory in divorce?
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Is alimony compulsory in divorce?
Most divorce alimony is awarded for a particular period of time. So, if you have been the primary bread winner for your spouse and children and your spouse is not able to support himself/herself financially, it is mandatory for you to pay some kind of spousal support.
What’s a fair divorce settlement?
A fair settlement must identify marital property and separate property. An inheritance or gift received by one spouse is also separate property. If someone gives one of the spouses an inheritance or a gift at any time—including during the marriage—a fair settlement would award that asset to the spouse who received it.
Can my husband claim half my inheritance if we are separated?
Will I have to share my inheritance with my spouse if we divorce? Monies or assets inherited or gifted before or during your marriage, are not automatically excluded from the matrimonial financial “pot”. In other words, they are not automatically ring-fenced and may have to be shared when a couple divorce.
Can my husband touch my inheritance?
Although the default rule is that anything either spouse earns during marriage becomes shared marital property, this rule doesn’t apply to inheritances. Whether you received your inheritance before or during your marriage, it is yours to do with as you please. You have no legal obligation to share it with your husband.
Can my ex sue me for money after divorce?
In general, yes you can sue. Whether you will be successful or the judge will toss your case out of court is a different question altogether. You may also be required to pay for your ex’s lawyer for filing a frivolous lawsuit. A lawyer can help decide whether you have a legitimate case or not.
Is inheritance considered in alimony?
Although inheritances are not generally considered community property when dividing assets, they can be a factor in alimony awards. An expected inheritance is not used in deciding alimony awards. The logic behind this is simple: you can’t count on actually receiving any of this money.