Alimony, as many of our readers in North Carolina may know, is more commonly becoming known as spousal support. Whatever you call it, this is an issue that, when it comes up in a divorce case, can see the divorcing spouses pitted against each other with strong, negative feelings. After all, since an alimony award oftentimes means that one spouse will be required to continue to pay money to the other spouse even after the divorce is finalized, that ongoing relationship may not be desirable for one or more of the spouses. When it comes to alimony in a divorce case, the right steps to this sensitive issue are crucial.
Our readers in North Carolina who are getting involved in a divorce case might hear the term "alimony" and cringe. These days, alimony is becoming more commonly referred to as "spousal support." Whatever you call it, many people who are involved in a divorce case have many preconceived notions about what alimony is and how it might impact their lives even after the divorce is finalized. An overview of alimony can be beneficial for those who may have this issue involved in their divorce case.
Although this blog has discussed them before, from time to time, it may be helpful for Charlotte residents to do a brief review of what factors North Carolina courts will examine when they are deciding whether or not to award alimony.
Alimony is an important source of support that a person may receive after they complete their North Carolina divorce. It is paid from one party to the other and is generally dependent upon the recipient's need for continuing financial sustenance from their ex-partner. Not every divorce will end with an order or agreement regarding alimony because not all couples split with one of the parties in need of financial help.
Alimony, also known as spousal support, is the money that a person pays to their ex after they complete their divorce. Often, alimony takes the form of periodic payments that one party sends to the other on a schedule and that may, at some point in the future, cease. In our state, a person may receive permanent alimony, if their situation demands it.
Marriages end for many reasons, and when they do individuals can find themselves facing many scary questions. If a North Carolina resident gave up their career to provide for their family at home, they may be fearful of how they will financially provide for themselves once they are legally untied from their spouse. Individuals who are financially dependent on their soon-to-be exes and who require financial support to maintain their lifestyles may qualify for alimony under North Carolina law.
Divorce is a difficult time for any Charlotte resident, and that means bad decisions are possible. Because emotions and stress levels tend to run on high during and immediately after a divorce, people may be prone to making important financial and legal mistakes that can come back to haunt them months or even years down the road.
Those in Charlotte who follow the goings-on in Washington politics are probably aware that Congress recently passed a comprehensive tax overhaul.
As the result of a formal divorce or a long-term separation, many Charlotte, North Carolina, residents will wind up paying alimony or spousal support to their former partner. Oftentimes, this may be done by agreement, perhaps as part of a package-deal negotiation between the two parties.
As previous posts on this blog have discussed, alimony and spousal support make up an important part of the divorce or separation process in North Carolina. Judges have broad discretion to issue alimony awards, and they often do so with an eye toward providing for a spouse's basic financial needs or making sure that, overall, their orders are fair and treat the parties even-handedly.