Reach A Fair Support Arrangement After Separation Or Divorce
Sooner or later, getting divorced means readjusting your finances to put both you and your ex-spouse in a position to live independently. In many cases, post-separation support or alimony (also called spousal support) payments from one spouse to another are used to compensate for significant differences in income and assets.
The exact amount of spousal support will be the number you and your spouse agree upon or it will be determined by a North Carolina court that considers a wide range of factors, including:
- Each spouse’s income and earning potential
- Your standard of living during marriage
- Contributions at home such as homemaking and child care
- The duration of your marriage
- Marital misconduct such as extramarital affairs and domestic abuse
Alimony is paid by the “supporting spouse” and received by the “dependent spouse.” At Kenny & Lowry, we work with both supporting and dependent spouses to reach a fair alimony arrangement that reflects your interests. We will help you prepare a thorough financial affidavit so that your needs are fairly and accurately presented when a determination is made.
Support Applies During Separation, Too
Couples who are recently separated can also utilize formal post-separation support arrangements to provide temporary support until the issue of alimony is resolved. Since separated spouses are living separately by definition, spousal support can be an important means of helping the dependent spouse afford separate housing during their period of separation.
Get A Lawyer Who Can Make Alimony Work For You
The spousal support arrangement you arrive at can affect your financial life and opportunities for years to come, so it’s important to work with a skilled attorney to make sure that this arrangement meets your needs.