Alimony, which is now called maintenance, is a form of spousal support. Generally, when one person in a marriage makes significantly more than the other spouse, there is good chance maintenance/alimony will be paid. However, the Court may consider a variety of factors including length of marriage, the ages of the Parties, the health of the Parties, and other influential factors. We would be happy to go over these factors with you.
In 2015, the Legislature greatly amended the maintenance statutes to include formulas for the amount and duration of maintenance. For many, this has been a “difficult pill to swallow.” The law is still in flux. But in general, the current formulas take into account both spouses’ gross incomes, are percentage-based, and include a formula for a maximum amount. Maintenance is generally considered taxable to the recipient spouse and tax-deductible to the paying spouse. There are still creative arguments to be made, based on circumstances, that may influence a judge not to follow the formulas.
At Solutions First, we strive for our clients to be educated on these new laws and to achieve as fair an outcome as they can.For more details, please consult with us. There are many answers to the various questions that surface around spousal support.