Alimony Lawyers and Attorneys in Chandler, Arizona
If you are getting divorced in Arizona, it is important to understand and protect your rights. Many divorcing couples want to reach a settlement as soon as possible. However, rushing to a quick divorce settlement can come at a high cost. If you are getting divorced in Chandler, Arizona, do you know your rights regarding alimony? If you agree to a divorce settlement without alimony, you may be giving up an important income source that can have an impact on your standard of living and your ability to care for yourself and your children for years to come.
Lower-earning spouses may be entitled to alimony payments during a divorce. If you supported your spouse’s education, paid for your partner’s schooling, stayed home to care for the kids, or sacrificed work opportunities for your marriage or for your family, you may be entitled to receive alimony. The Zachary Law Group are alimony lawyers in Chandler, Arizona who can help you understand the settlement you may be entitled to receive. We know alimony law. Contact our alimony law firm today.
What You Need to Know About Alimony
Alimony is a payment to help a lower-earning spouse maintain a standard of living similar to the standard of living enjoyed during the marriage. Due to alimony reform, it is rare that alimony will be paid to a former partner for the rest of his or her life. However, depending on the length of your marriage, if you and your ex earn significantly different amounts of money, the higher-earning spouse will be most likely to have to pay alimony to the lower-earning spouse. Alimony generally won’t be awarded if you were only married for a very short period of time or if you and your ex earn about the same amount of money.
There are different ways that alimony might be paid: either in a lump sum, in regular payments with no end date, and through regular payments with a fixed end date. Whether alimony will be permanent or have an end date will depend on how long you were married, and your age and health when you get divorced. If you are young and still able to re-enter the workforce, in many cases, your alimony will likely have an end date.
Why is alimony awarded? Alimony is awarded to support the lower earning spouse. There are many reasons why the lower earning spouse will need support. One of the main reasons why a lower-earning spouse will seek alimony is to compensate him or her for the time she or he spent outside the workforce raising the children. If the partner will need to continue to care for the children or will need work re-training, alimony can help with that. Sometimes one partner pays for a partner’s schooling, or one partner may give up work or career opportunities for the benefit of the family or the marriage. Say your ex got a higher paying job in a more expensive city and you quit your job. Now, you can’t find work, and you are getting divorced. Alimony can help cover your expenses while you move back to the city where you had work, or while you go back to school to get additional training to re-enter the workforce.
The spouse who stays home to raise the children may have significant gaps in his or her resume. This can limit work opportunities. However, the spouse who continued his or her career may be at the peak of his or her earning capacities. If this is the case, alimony can compensate the partner who supported the family while the other partner benefitted in terms of his or her career.
These are just a few of the reasons why a court may award alimony to a lower-earning spouse. Sometimes one partner earns significantly more than the other person in the marriage. In this case, the courts may award alimony so that the lower-earning spouse can enjoy a comparable standard of living after the divorce. Sometimes alimony is awarded to help a sick or ill spouse pay for health care costs. In other cases, alimony might supplement child care expenses.
Alimony law can be complex. This is why it is helpful to have an alimony law firm like the Zachary Law Group in Chandler, Arizona on your side. Our firm can review your finances, take the time to understand your situation, and help you fight for the alimony settlement you may deserve under the law.
How Alimony Amounts are Determined
There is no standardized equation a judge will use when determining alimony payments. Alimony payments will be based on how long you were married, the circumstances of your marriage, the income differences between you and your ex, and other factors the judge may determine. Because each judge’s determination can be different, many couples choose to determine their alimony award outside of court with the help of an alimony lawyer Chandler, Arizona. Your assets, such as homes owned, property, cars, trusts, and investments will be considered. Each partner’s income will also be considered. Your inheritances or other finances will also be scrutinized when making alimony determinations. How long you were married to your partner will also be a consideration, as well as your living arrangements during your marriage. Did you work? Did you stay home to care for the children? These are important considerations. At the end of the day, the alimony award you will receive depends on the agreement you and your ex reach or the award a judge decides to make. The alimony lawyers at the Zachary Law Group in Chandler, Arizona can review your situation and help you understand the award range you may be entitled to receive under the law. We can then work with your ex to reach an agreement or build a strong case for the alimony amount you are seeking in court. If you have questions about alimony, the Zachary Law Group in Chandler, Arizona may have answers. Visit us today to learn more.