If you’re getting divorced in you may wonder whether you are entitled to seek alimony from your former spouse. Alimony is an amount of money that one spouse is required to pay the other spouse either during a divorce, or for a specified period of time following a divorce. Under Georgia law, permanent alimony awards are very rare. Permanent alimony is a fixed amount that one spouse is required to pay the other indefinitely, until either party passes away. More often, courts may award temporary alimony, or require one partner to pay the other a fixed lump sum. Alimony is not the same thing as child support. Child support is an amount of money the non-custodial parent is required to pay the other to care for the child’s needs. Alimony, on the other hand, is an amount of money the spouse pays to the other to ensure that the other spouse is able to remain financially solvent even as a divorce proceeds. Alimony payments are often considered taxable income by the IRS, though there are ways to structure payments to reduce the tax burden for both parties. Elliot Green with Elliot Green Law Offices is a divorce lawyer who can best assess your individual circumstances to determine whether alimony is appropriate in your case. Contact a divorce attorney today to learn more about your rights.
Alimony awards are determined by a judge and are based on the case you present. The following scenarios may suggest that you are entitled to receive alimony, but only a qualified lawyer or judge can offer a complete assessment of your case.
- You were a home-maker. According to Forbes, many women give up careers and educational opportunities to raise children. Of course, with two income households becoming increasingly common, more men are electing to stay home and raise the children. Alimony considers the financial value of the time you spent outside the workforce and ensures that you have money to re-join the workforce. Individuals who spend time outside the workforce may also not have the same earning potential they would have had had they remained in the workforce. Alimony takes these factors into account.
- You supported your spouse’s career or educational goals. If you supported your spouse through school or through training programs, you may be entitled to receive alimony. Individuals sometimes sacrifice their own career prospects in favor of supporting their spouse. If this situation describes you, you may be entitled to receive money in the form of alimony.
- You are in poor health or have a disability. If you are in poor health and your partner is leaving you, you may be entitled to alimony to ensure that you receive the same standard of living you had prior to your divorce. Judges may be more likely to award permanent alimony for elderly or inform divorcees.
Alimony awards are often highly subjective and based on the judgment of your judge. If you are getting divorced and are unsure about whether you’d be entitled to alimony, it may be a good idea to contact Attorney Elliot Green. You can visit his website here www.elliotgreenlaw.com.