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Ex-Husband of Walmart heiress seeks $400,000 a month in alimony

There are many divorces in Arizona each year. Each one is unique given that the circumstances of each marriage are unique. Some divorces involve minor children and child custody and child support will need to be dealt with and others do not. Sometimes the couple may own real property and others will not; there are countless reasons why each Arizona divorce merits individualized attention.

CEO of energy giant must pay nearly a billion in alimony

When people are divorced in Arizona, many are concerned about how much money they will have to pay to their ex-spouse. This could be in child support, alimony or property division. One of the more contentious issues involving money can be alimony or spousal maintenance. Understandably, some are reluctant to pay their former spouse due to lingering conflict from the divorce. Whatever their opinion, though, the law states that a person may need to pay their ex-spouse monthly alimony.

How is alimony determined in a divorce?

There are many people in Arizona going through a divorce. As they have probably figured out, there are many issues that must be sorted out during the process. One of the more contentious issues may be alimony, or spousal maintenance, as it is often called. Many people do not want to pay it because they may feel that now that they are living separate lives from their ex-spouse they should not be responsible for supporting their ex financially.

Buzz Aldrin sells condo as part of divorce involving alimony

Many people go through divorces every year in Arizona. Each divorce is different though. While there may be similarities between them, they are very fact specific and depend on the unique circumstances of each case. Some involve children, and therefore child custody and child support are issues. Others involve many assets which must be divided and require the use of various professionals simply to put a value on the assets. Others involve alimony. A combination of any of these may be involved in any given divorce.

Alimony is a contested issue in Knicks' point guard's divorce

NBA fans in Arizona may have heard Raymond Felton, the point guard for the New York Knicks, had been charged with a felony after pulling out a gun during an argument with his wife, after she filed for divorce. Well the couple was in court, recently, attempting to settle their divorce. No agreement was reached as Felton's wife is seeking alimony, and the point guard claims that he does not owe her alimony as the couple had signed a prenuptial agreement, prior to marriage. His wife states that the prenuptial agreement should be voided because she claims he cheated on her during the marriage.

Gray divorces becoming much more common

The Baby Boomer generation in Arizona is getting closer and closer to retirement age. Many have had long marriages, and the children have moved out of the house. For many, it is the first time that they have been alone in the house with their spouse and start to realize that their relationship has changed over the years. This has led to an increase in the number of divorces for couples over 50-years-old. In fact a recent study showed that in 2009 about 25% of all divorces were with people over 50-years-old.

Porsha Williams receives no alimony in her marriage dissolution

As Arizona fans of the Real Housewives of Atlanta know, Porsha Williams, one of the show's stars, had her marriage depicted somewhat publicly on the television show. Williams was married to former NFL player Kordell Stewart and most fans probably know that the couple, who married in 2011, filed for divorce in March 2013. What fans may be surprised to know is that Williams received no assets or alimony after the dissolution. Stewart on the other hand kept all of his property, cars, investments and business interests.

As economy grows stronger, number of divorces rise

Many more people in Arizona may be looking to get divorced as the economy rebounds. Divorce rates were lower during the recession according to a recent study in Population Research and Policy Reviews. As the economy has rebounded the number of divorces has rose. The divorce rate for woman fell from 2.09% to 1.95% during the recession, but has risen over the last couple of years. Some feel that it is because people can now afford to get divorced. Also, as stocks and the housing market recovers, there is now equity to be had where there was none during the recession.

More women paying alimony to ex-husbands

For many married couples in Arizona, both spouses work similar hours and earn a similar income. However, for many other married couples, one spouse makes more than the other spouse. Often this is by agreement, so one parent is able to take care of the children. This usually means that one spouse agrees to sacrifice their career and earning potential for the sake of the family. If the couple ends up getting a divorce the spouse who sacrificed their career may be entitled to receive spousal maintenance as compensation for the sacrifice.

John Cleese's alimony one reason for Monty Python reunion

Monty Python fans in Arizona may have John Cleese's alimony payments to thank for the upcoming Monty Python reunion. Cleese recently stated that he needs to keep doing live shows in order to pay alimony to his former wife. He is currently ordered to pay her approximately £612,000 a month. He stated that he would like to make decisions on work without having to worry about money, but he is not able to at the moment. Cleese admitted that there were other factors that went into the decision as well.

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