Editorial Director and Co-Founder of Divorce Magazine, Diana Shepherd, discusses how spousal support and alimony works in this podcast.
Alimony and Spousal Support
Would spousal or child support be based on what the payer used to earn or what the person earns now?
Have you seen cases where the high wage earner’s income suddenly and maybe suspiciously plummets just before divorce, perhaps because they’ve quit their high level job to take on one in which the person earns much less? If so, would spousal or child support be based on what the payer used to earn or what the person earns now?
Will child or spousal support be reduced if the moneyed spouse is making payments to other ex-spouses?
If the moneyed spouse has been divorced more than once, will payments to previous spouses and/or children reduce the amount of spousal or child support that a third spouse for instance is likely to receive?
Is spousal support meant to guarantee that the recipient’s lifestyle will remain the same after divorce?
True. And again, I know it’s been a constant refrain, but it is a fact specific case. You’d have to look at what the high-net-worth is and what’s the reasonable standard of living? It is one of the factors to consider. The judges will try to strive as best they can to allow the parties […]
The Percentage of Men Awarded Spousal Support Increasing
Women have become the leading earners in many families – meaning more men are eligible to receive spousal support following a divorce. While the percentage of men being awarded support has increased, it hasn’t been significant, and many men are avoiding seeking support.
Podcast: Maryland Family Lawyer on Alimony in the State of Maryland
Maryland family lawyer Marjorie G. DiLima discusses the facts on spousal support, alimony, and the court system in the state of Maryland.
Podcast: Family Lawyer Sean Sullivan Discusses High-Net-Worth Divorces
Illinois family lawyer Sean Sullivan answers popular questions surrounding the special issues that come up in high-net-worth divorce cases.
Will a stay-at-home spouse’s contributions be rewarded during property division or when assessing spousal support?
Yes. Again, this fact pattern is very similar to the previous fact pattern. What has to be put into place is the issue of maintenance, (maintenance is now what people traditionally know of as alimony) which is the one spouse who has the greater income, greater property value, or greater income earning potential would then […]
Is a party entitled to some sort of financial recognition for putting their career or education on hold for the other spouse?
What happens if someone puts his or her own education or career on hold in order to put a spouse through law school or med school for instance? Is the party entitled to some sort of financial recognition for his or her sacrifice if the marriage ends in divorce?
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