There are couples who remain married in loveless relationships because they fear that they can't afford to get divorced. And it's true that between the property settlement, child support and alimony, a divorced spouse's paycheck can be stretched really thin.
It's said that two can live as cheaply as one. But when a couple divorces, they immediately go from supporting one household to coming up with the funds to run two separate homes.
When it comes to alimony, our attorneys typically see recipients in Georgia approach these funds in one or two main ways. The first way involves holding on to that money as if it were a lifeline. They are terrified of using spousal support in case they need it for something major down the line. The second way involves spending the funds for outrageous purchases as if recipients just received a significant inheritance from a relative.
If you and your spouse are divorcing, spousal support (formerly known as alimony) may be one of the issues that needs to be hashed out. Spousal support payments often become a bone of contention in otherwise relatively routine divorce cases.
More and more couples in Georgia have come to realize the value a well-drafted prenuptial agreement brings to a marriage. Such an agreement can take away a great deal of the conflict couples experience over the marriage's finances. In turn, less conflict means a happier, healthier relationship overall.
When a family law court tells you that you must pay spousal support or alimony to your spouse, you must understand that it is not a request. It is a court order, and therefore, requires your full compliance. Regardless of your reasons, failure to make alimony payments will subject you to consequences as the court sees fit.
Alimony law has been changing across the United States. Therefore, it's important to know what the law currently says about it. States are increasingly beginning to use spousal support guidelines. The American Law Institute also has its own recommendations for negotiating alimony.
Regardless of whether you expect to pay or to receive spousal support in your divorce agreement, it is wise to think carefully on this topic. In divorces involving high-assets, it is especially important to give these financial issues careful consideration. While no one wants unfair treatment, you can make the best case for yourself by learning about the alimony laws in your state.
Things have changed a lot since our grandparents and great-grandparents were young married couples. More women choose to continue on the career path while more men are taking on home-related duties. What works for some Atlanta families may not work for others, making our country more diverse than ever in terms of domestic relationships.
In a divorce, spousal support might be one factor you have to consider. If it is, it's a good idea to look into your spousal support options.