• Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN
Easyworknet
No Result
View All Result
  • Login
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career
No Result
View All Result
Morning News
No Result
View All Result
Home legal

What Is Spousal Maintenance And Do You Need It?

Swati by Swati
1 year ago
in legal
Reading Time: 4min read
0
What Is Spousal Maintenance And Do You Need It?
0
SHARES
53
VIEWS
Share on FacebookShare on Twitter

A divorce or legal separation comes with different challenges. In addition, divorce is more complicated if one spouse is heavily reliant on the other for financial support. Fortunately, legal actions can be taken to ensure the financially unstable partner receives financial support from the other partner until they become financially independent.

Filing for spousal maintenance is one legal step to ensure you remain financially stable even after a divorce. However, this strategy will only succeed if you work with trustworthy law firms like ALA Law. Spousal maintenance will ensure you survive without financial challenges until the timeline is over. 

This article will provide information on spousal maintenance and when you might need it. Read along to learn more.

 

What Is Spousal Maintenance?

Spousal maintenance is the funds paid by an individual to their ex-spouse. These funds are aimed to support the ‘less fortunate’ party financially. Spousal maintenance is different from child support.

It’s vital to note that a fixed formula doesn’t determine spousal maintenance. Instead, the amount of maintenance is based on the receiver’s financial needs and the payer’s ability to afford financial support. Therefore, the financial state of both parties is required to determine if the sum in question is justifiable and affordable by the payer.

Moreover, spousal maintenance is paid for a particular period. The payer can be requested to pay a particular amount monthly to enable the receiver to live comfortably. As far as the spousal maintenance timeline is concerned, it automatically ends once the receiver or the payer dies. 

The payment can also end once the agreed period has ended or the receiver has become financially stable or remarries. While spousal maintenance can be paid for an extended period, most courts champion financial independence. Nevertheless, court orders on spousal maintenance for a long time are becoming less every day. 

After the spousal maintenance has ended, a clean break is immediately enforced to prevent a particular party from making financial claims against the other partner while alive or upon death.

 

Is Spousal Maintenance Paid Alongside Child Support?

As earlier said, spousal maintenance is different from child support. Child support or maintenance is governed and overseen by the Child Support Agency. Child support includes regular payments aimed to support a child of a separated couple which is paid by the parent who’s not living with the child. 

On the other hand, spousal maintenance is paid to an ex-partner in addition to other payments ordered by the court. When you’re required to pay for child and spousal maintenance, it’s important to consult professional lawyers so that financial settlements can be reached based on your financial state.

 

When Do You Need Spousal Maintenance?

Spousal maintenance is aimed at supporting a financially unstable ex-partner. You can apply for it if you’re getting a divorce and are worried that you won’t be able to support yourself financially. 

On the other hand, giving up your career to care for your family can leave you vulnerable financially. Hence, it would help if you had financial support when developing skills to make you financially stable after divorce.

Meanwhile, spousal maintenance decisions vary from state to state. Some states rule against it and impose a clean separation. However, some states adhere to the spousal maintenance principle if there are no sufficient assets to be divided among the ex-partners. 

Nevertheless, it’s essential to understand that the spousal maintenance principle can’t apply if you’ve been in a relationship for less than two years. However, if you’ve been in a relationship for longer than two years, you may be entitled to spousal maintenance. 

Additionally, if an ex-partner can’t work for the rest of their life, they might need and be granted spousal maintenance for the rest of their life.

 

Can Spousal Maintenance Be Paid Once?

Some individuals can pay the spousal maintenance once instead of monthly. The maintenance funds are summed up and paid once in such a case. Most individuals who prefer paying a lump sum are those looking forward to a clean separation. 

However, this move can be complicated and risky since you might be required to pay a considerable amount of money and later suffer a financial blow. In that case, you may lose property or a job, leading to bankruptcy.

On the other hand, you can consider paying a lump sum in installments to avoid hurting yourself financially. You can pay half the amount soon after the court order and the other half after a while. If you decide on the lump sum way, seek advice from a reputable family law solicitor.

 

Conclusion

Spousal maintenance is the funds paid to a financially unstable ex-partner following legal separation or divorce. If you’ve just divorced and are afraid that you might encounter financial challenges but can pull through with the help of your ex-partner, it might be a good idea to research if you’re eligible for such payment and act accordingly.

Post Views: 0

READ ALSO

No Content Available
Previous Post

How Can A Compensation Lawyer Help You With A Workplace Accident Claim

Next Post

What Technology helps in doing fashion promotion?

Swati

Swati

Related Posts

No Content Available
Next Post
What Technology helps in doing fashion promotion?

What Technology helps in doing fashion promotion?

Forex Trading Vs. Cryptocurrency: All You Should Know about the Two Leading Trading Platforms

Forex Trading Vs. Cryptocurrency: All You Should Know about the Two Leading Trading Platforms

In options trading, what is call writing?

In options trading, what is call writing?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Discover Undeniable Reasons to Hire Professional Fencing Contractors

Discover Undeniable Reasons to Hire Professional Fencing Contractors

September 30, 2023
Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
the herringbone parquetry flooring

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
From centers that offer child care in Liverpool

Nurturing Tomorrow’s Visionaries

September 8, 2023
maintain a consistent temperature

Thermal Protectors: Safeguarding Your Assets

September 8, 2023
water dispensers offer a trusted source

Exploring the Importance of Quality Drinking Sources

September 8, 2023
Discover Undeniable Reasons to Hire Professional Fencing Contractors

Discover Undeniable Reasons to Hire Professional Fencing Contractors

September 30, 2023
Ensuring Home Safety and Security During Your Travels

Ensuring Home Safety and Security During Your Travels

September 26, 2023
the herringbone parquetry flooring

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
From centers that offer child care in Liverpool

Nurturing Tomorrow’s Visionaries

September 8, 2023
maintain a consistent temperature

Thermal Protectors: Safeguarding Your Assets

September 8, 2023
water dispensers offer a trusted source

Exploring the Importance of Quality Drinking Sources

September 8, 2023

About Us

For Authors: Easyworknet is a tech-related and guest post-friendly blogging platform. We are ready to serve you information through our website. Here you can read and write whatever you want and share your valuable thought with others to help them grow with knowledge. You can help our readers by publishing an informative and quality guest post. Publish anything except spam…Happy Guest Blogging..!!

🙂

Tips

Discover Undeniable Reasons to Hire Professional Fencing Contractors

September 30, 2023
Discover Undeniable Reasons to Hire Professional Fencing Contractors

Hiring a professional fencing contractor can save an individual significant money. This is because when someone hires a professional fence...

Read more
by Varsha
0 Comments
Tips

Discover Undeniable Reasons to Hire Professional Fencing Contractors

September 30, 2023
Safety and Security

Ensuring Home Safety and Security During Your Travels

September 26, 2023
Home Improvement

Grains of Elegance: Transforming Your Underfoot

September 8, 2023
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Free VPN

Easyworknet © Copyright 2023, All Rights Reserved.

No Result
View All Result
  • Home
  • Contact
  • Business
    • Cryptocurrency
    • Home Improvement
    • Finance
    • Insurance
    • Digital Marketing
  • Technology
  • Lifestyle
    • Relationships
    • Food
  • Health
    • Fitness
    • Exercise
    • Skin Care
    • Sleep and Rest
  • Education
  • Travel
  • Fashion
  • Game
  • Law
  • Career

Easyworknet © Copyright 2023, All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In