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Posts tagged "Alimony"

Managing alimony when a payer loses their job

There are certain expenses that Arizona residents just cannot avoid paying. For example, if they do not own their home outright, then they are generally bound to pay monthly rent or mortgage payments to keep rooves over their heads. Additionally, individuals usually cannot avoid paying for the purchases that they acquire through the use of their credit cards.

Understanding the end of a spousal maintenance order

Although alimony may be ordered for the duration of the recipient's life, many Arizona spousal maintenance awards terminate long before the individual who receives their former spouse's money pass away. Exactly when an agreement or order for alimony will end will depend upon the terms of the document that controls the post-divorce relationship. They type of alimony ordered and the needs of the recipient party may be controlling with regard to when the obligation will end for the payer.

Building a strong case for alimony during an Arizona divorce

It is not uncommon for an Arizona resident to spend years of their life laboring away at important work that may never yield a paycheck. They may take a lead role in raising their children, and they may take on the heavy responsibility of managing a family home while their spouse works to support them and their dependents with an income. A person may give up opportunities to advance their career or increase their education because it is the best choice for their family as a whole.

What is considered when a court evaluates an alimony request?

There are many factors that Arizona courts evaluate when determining alimony, also known as spousal support or maintenance. In particular, courts look at the finances of the parties to decide if one will be financially disadvantaged by the divorce. This post discusses some of the important factors that courts consider in these alimony evaluations. However, individuals should speak with their own attorneys for case-specific help.

What should I know about calculating spousal maintenance?

For Arizona couples who have decided to end a marriage, both parties will have concerns about various issues after the divorce. One factor that frequently arises is spousal maintenance. Understanding what factors are involved when spousal maintenance will be ordered, how much it will be and how long it will last are essential to a case and can impact everyone involved.

Keeping records is a good way to stay ahead of alimony problems

Keeping track of how a person spends and earns money is a common practice in Arizona. While once upon a time Phoenix residents maintained checkbook ledgers to track their earnings and expenditures, now most people log into their financial institutions' websites to follow the trends of their money. When it comes to finances record-keeping is an important way to stay ahead of problems and the same holds true with regard to alimony.

Can an alimony award be changed after a divorce is finalized?

Alimony, also referred to as spousal support, is financial assistance paid from one individual to another. The two relevant individuals were once married and upon their divorce a court of competent jurisdiction provided them an order stating that the payer is obligated to provide certain amounts of money to the recipient for a certain amount of time. Arizona residents may ask for alimony when they bring their marriages to their ends.

What is "lump sum" alimony?

Most alimony or spousal support arrangements are structured so that the paying party provides to the receiving party monthly or other periodic payments to satisfy their agreed upon financial relationship. Under this traditional form of alimony, payments by the paying party continue until a stipulated period of time has passed or a terminal event ends the relationship. However, there are alternate forms of alimony, and one of those is "lump sum" alimony.

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