Explained: Alimony in New Haven
Alimony is a payment from one spouse to another that serves as a support for the person’s expenses. Child support is not part of alimony. Other terms New Haven uses to describe alimony are the contribution of household expenses or spousal support. It is important to contact a New Haven alimony attorney to take into account the details of your case and help achieve the best outcome for yourself. If you do not get proper representation, the alimony payments may be too large or last too long.
Factors Determining Alimony Amount
The amount of alimony is ultimately determined by a judge. There are no specific guidelines as to how much is awarded or how long it will be required. The length of time alimony payments last is dependent on the judge or whatever the parties agree to. Alimony is completely discretionary by the New Haven court but there are several factors that the court takes into account. There is no hard and fast rule that you have to pay alimony, but usually, the first thing considered is the length of the marriage.
Other factors taken into consideration include the reason for the dissolution of the marriage as well as the age, health, station, and occupations of the parties. The court also considers the amount and sources of income, the parties’ professional skills, their ability to be employed, the estate, and the needs of each of the parties. Child support, property division, asset division, and debt division may be taken into account. It is important to note, however, that child support, and property, asset, and debt division are not part of the alimony award settlement.
How Payments Work
There are many options as to how alimony can be paid. It can come directly out of somebody’s paycheck or be paid in cash. It could be paid on a weekly, monthly, yearly basis, or even in a lump sum. It is important to discuss the significant tax implication of alimony with your accountant or tax lawyer.
Alimony payment stop when the judge decides they stop. Sometimes, there are directions written into an alimony agreement. It could also be written into any judgment when a judge determines the alimony amount. Oftentimes, alimony stops being paid when certain clauses of the alimony agreement are met. For example, sometimes alimony can stop when there is a cohabitation, re-marriage, or death of one of the parties.
Importance of an Experienced Attorney
When someone is seeking or paying alimony payments and are not represented by an experienced lawyer, they can be taken advantage of by the opposing party’s lawyer. They may pay more or receive less alimony than is reasonable if after trial the client is not effectively able to present their case without an attorney present. The importance of an alimony lawyer is to set a reasonable expectation and to have an ally throughout the process.