Calculating Spousal Support
How Much Is Spousal Support in New York?
As a divorce progresses, the question of who gets spousal support and how much will arise. Representing one of the trickiest and most-delicate portions of any divorce, spousal support calculations need to be fairly balanced to avoid unnecessary conflict and reduce the chances of dragging everyone back to court later for a modification. At the Law Office of Dennis R. Vetrano, Jr., LLC, we are committed to upholding your best interests while also getting spousal support established right the first time, making your life comfortable whether you are paying or receiving it.
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Factors for Calculating Alimony or Support
You and your ex-spouse can always draft a spousal support agreement yourselves and bring it to the court for finalization. This solution is more of an ideal, and it might not be possible for things to go so smoothly, especially if your divorce is contested in other regards. If matters do come to court, the judge will be tasked with analyzing the needs of each spouse and each spouse’s own ability to financially support themselves.
Factors that weigh into whether or not spousal support will be permitted include:
- Duration of the marriage
- Health and age of each spouse
- Current income of each spouse
- Likely future income of each spouse
- Each spouse’s contribution to the marriage
- Necessary training or education of each spouse
Property division will also be considered when setting a spousal support amount. The more one spouse is rewarded from marital property, the less likely they are to receive a large amount of alimony. For example: If you make considerably less income than your spouse but win the marital home, you may receive little to no spousal support.
Temporary or Permanent Support Orders
Spousal support that only lasts while the divorce is progressing is sometimes called temporary spousal maintenance. As soon as the divorce is finalized, a temporary order will expire and either be replaced by permanent alimony or mark the end of spousal support.
Permanent spousal support is a bit of a misnomer, as it can end when:
- The order reaches a specified date of termination.
- Either spouse passes away.
- The receiving spouse remarries.
If you are the one paying money towards a permanent spousal support order, it is crucial that you plan your finances accordingly so you do not fall behind on payments and into trouble with the court.
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Working with our attorneys can immediately take the stress off your shoulders when it comes to your spousal support calculations. You will be putting an entire team of dedicated legal professionals to work for you, allowing us to critically analyze your situation and guide you in the right direction. Why not start with a consultation today to learn more about our services and your choices? You only need to call (845) 605-4330 to begin.
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