Divorce is hard enough, but it becomes challenging when you add the stress of dividing assets and determining alimony. Emotions are running high, which can impact how you want to separate your finances. There may be one partner trying to get revenge on another for things that happened during the marriage, and they will try to use the finances as a pawn. Things only get more complicated when you add in the topic of children. Let the Holladay alimony attorney at Emy A. Cordano, Attorney at Law, represent you when seeking alimony in Utah.
Types Of Alimony
Alimony is payment made from one spouse to another spouse who has lesser maintenance means. This payment is meant to allow the spouse with less economic means to continue to live the same or similar lifestyle that was afforded to them during the duration of the marriage. There are also lump sum alimony payments, which will be paid in one payment instead of on a monthly basis. There are several types of alimony you may be entitled to after a divorce, including:
Temporary alimony: payments are made while a divorce is finalized and will then stop.
Transitionary alimony: this is awarded so one spouse has the ability to establish a financial future and can include paying for schooling or training.
Permanent alimony: as the name suggests, long-term payments end upon remarriage or death.
Your Holladay alimony attorney can help determine which alimony type is best for you.
Can Alimony be Modified?
Alimony is not set in stone, which means alimony may need to be modified as your circumstances change. If the paying alimony spouse gets a promotion or significant pay raise, then alimony may need to be adjusted. On the other hand, if the receiving spouse remarries, then alimony payments would stop, and modifications would be necessary.
How is Alimony Determined?
While alimony is a right afforded to you in Utah, it may not be straightforward to obtain. These payments are not automatic after a marriage is dissolved, and there need to be some negotiations to ensure you are protected. The divorcees must petition the court and await any pushback from the other party.
The court has a system they use to calculate alimony, but this system does not consider all of the determining factors. The amount is often much lower if you don’t have an experienced Holladay alimony attorney fighting for your rights. Some things that will need to be considered include:
These issues can impact your alimony and are not always considered or are considered incorrectly.
Contact a Holladay Alimony Attorney
Divorce is not an easy process and even less so when you do not have proper representation. This is why you need an experienced Holladay alimony attorney on your side during this process. Emy A. Cordano, Attorney at Law, will handle your case as if she is fighting for her rights. You can call the office at 801-804-5152 or submit our contact form for an initial consultation.