Will Spousal Support Apply To Your Divorce?
People facing divorce often have misconceptions and questions regarding how spousal support (also known as alimony) might affect their divorce settlement. The attorneys at Robert L. Isaacs & Associates have decades of combined legal experience helping families facing the unknown during a divorce. Our team will take the time to explain the law and listen to your concerns and questions. We will thoroughly review the circumstances of your case to help you better prepare for your financial future after divorce.
Factors Affecting Spousal Support In Virginia
Courts use many factors to determine whether to award spousal support in a particular divorce. A few examples include:
- Income of both parties
- Expenses of both parties
- Each spouses’ needs and their ability to pay
- Lifestyles established during the marriage
- Marriage length
- Adultery issues
Formulas can help determine the amount. However, they may or may not be used, depending on the circumstances surrounding your specific case. The court may balance an award of spousal support against awarding other property in the division of the marital property. We can help you understand how the factors and formulas might apply to your own situation. We can explain the likelihood of alimony when:
- Your marital property has a high net-worth
- You or your spouse serves in the military
- You signed a prenuptial agreement
Many times, income does not come from a periodic paycheck. Business owners present unique circumstances requiring an understanding of basic business operations and accounting. If you own a business, you may find that business income and personal funds frequently mix together with business revenues paying for daily living expenses. We have the understanding of these complexities to obtain a favorable outcome for our clients, regardless of which side of the ledger they sit on.
The courts often award spousal support on a temporary basis and situations may arise that call for a modification of the support order. If you need help with modification or enforcement, speak with one of our experienced divorce attorneys to learn more.
Contact Robert L. Isaacs & Associates
For more information, call our office in Henrico at 804-728-0228 to schedule an appointment. You may also reach out to us online.