Spousal Maintenance Attorney In Anoka, Minnesota
When a marriage comes to an end, one party may have to continue their financial support of the other in the form of “spousal maintenance.” This is also referred to as “alimony.”
Traditionally, it is the husband who pays alimony to the wife, but that has been changing over time. There has been a rise in the number of dual-income households throughout Minnesota, so support is usually paid by the spouse who earns the higher income. This means that it is possible for an ex wife to pay her ex husband alimony.
Mr. Peterson is well-versed in spousal support. As a highly experienced Anoka divorce lawyer, he can help you throughout the divorce process, including issues surrounding alimony.
Knowledgeable In All Types Of Spousal Support
Spousal maintenance can be permanent or it can be temporary. Temporary spousal maintenance ends after a specific amount of time. In other words, it is in force just long enough for the receiving spouse to establish themselves financially. Perhaps they need to go back to school or find a better paying job.
Permanent spousal maintenance usually stops when the recipient gets remarried, one of the parties passes away, or the court decides that spousal maintenance needs to be terminated. If you are in a situation where spousal maintenance needs to be terminated, your Minnesota divorce lawyer can advise you on the matter.
Helping Secure Spousal Maintenance When Needed
In determining the proper amount of spousal support, if it is warranted, there are a number of factors that the court considers. Some of them are:
- Financial resources of the party requesting alimony, including any marital property that they have received, as well as the party’s ability to independently meet their needs.
- The time needed to secure the education or training to find adequate employment and the probability of the party securing that employment due to their skills, age, probability of completing training or education, and their ability to be self-supporting
- The standard of living that was established during the marriage
- How long the couple was married and if the receiving spouse was a homemaker, the length of absence from employment, and the extent at which skills and education have been diminished
- The loss of retirement benefits, earnings seniority and other benefits
- The ability of the spouse paying alimony to meet their own needs while meeting the needs of the receiving spouse.
- The contribution of each party in the preservation, acquisition, depreciation, or appreciation of the value of marital property.
These are just some of the factors that are considered when determining the amount of support and whether or not it should be permanent or temporary.