What is the definition of maintenance (formerly known as alimony)?
If you are currently going through or even considering a divorce, you likely have a number of questions that can feel overwhelming. Maintenance is often one of those questions that can cause disagreement between parties. Maintenance, Alimony, spousal support, and spousal maintenance all mean the same thing – money paid from one party to the other party based on a number of financial calculations.
Factors To Determine Alimony Support
Some of the factors considered when determining alimony support include:
- The incomes of both parties
- Living expenses
- The future earning potential of both parties
- The division of assets
- The length of the marriage
- Financial needs
- Accustomed lifestyle
- Tax implications of each party
- Career or education implications
- Any previous agreement between parties
- Other factors considered relevant by the court
To ensure fair treatment when considering maintenance, an experienced attorney can guide you through the process, ensure that you have not forgotten any key considerations, and make sure that all of the paperwork is filed properly and on time so that your agreement falls within the guidelines required by the court.
If you require a lawyer in Schaumburg, IL or have questions about whether you require legal representation for your divorce, contact the Law Offices of Robert M. Kaplan, PC for a consultation.