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 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.
Put 75+ total years of legal experience in your corner.
Contact us today.
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. If you are receiving
the spousal support, you will need to make a genuine effort to become
self-sufficient, or else the court could retract the order.
Empower Your Case with Compassionate Representation
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
free consultation today to learn more about our services and your choices? You only need to call
(845) 605-4330 to begin.
