How much alimony should you receive in your divorce?
How much alimony should you receive in your divorce?
Before asking how much alimony you should receive in your divorce, it's important to note that there are two different types: temporary and permanent. A temporary alimony arrangement is given during the divorce proceedings and usually ends when the divorce is finalized. A permanent arrangement lasts until either party dies or the receiving party remarries.
There are a number of factors to consider when deciding how much alimony to request, including your age, health, education level, professional experience, and length of marriage.
Considered a form of temporary financial assistance that can help with financial support while getting back on one's feet after a divorce, alimony is awarded by the court depending on each individual's situation. Alimony is usually awarded on a short-term basis to help provide financial stability while individuals become self-sufficient. but can also be awarded on a long-term basis if the spouse is unable to become financially independent due to disability or advanced age.
Holding down a job is not always feasible for everyone and there are countless instances where it could be impossible for one spouse to work or have an income at all. If one party was dedicated to staying home and taking care of the household while the other worked outside of the home, then that might be taken into consideration when determining alimony. Alimony can be determined by using several different methods including submitting income and expenses for both parties as well as using an income share model or rehabilitative model.
To calculate the amount of alimony a spouse should receive in a divorce, you must consider two things: how long the couple was married, and how much money each spouse brought into the marriage. Getting an idea of how much alimony you will get can be difficult because there are so many factors that come into play such as income level, length of marriage, and whether there are children involved. For example, if you have been married for five years with no children and you make $20,000 a year as a teacher and your husband makes $100,000 a year as an attorney and has been at his job for 15 years then your monthly spousal support might be anywhere from $1,500 to $3,000 per month depending on what state in the US you live in.
If you have any questions or in need a Divorce Attorney, we have the Best Attorneys in Utah. Please call this law firm for free consultation.
Ascent Law LLC
8833 S Redwood Road Suite C
West Jordan UT 84088
(801) 676-5506
