A divorce entails several issues that need to be solved. With whom will the children live, who keeps the goods that the spouses acquired together during marriage, how will responsibilities for the children be split or shared… the list could go on. And one of the issues that worries spouses the most is sustaining themselves without the economic aid provided by their former partner.
This usually isn’t a problem when both spouses have similar incomes, but when there is a big disparity in their earning capacity, especially after a long marriage, this matter can lead to the spouse with the lower income to ask for alimony.
If you’re facing a divorce and would like to find out about alimony in St. Lucie County, there are some things that are important. First, you should know in which cases it’s required to pay alimony.
You probably need to pay alimony if you have been married to your spouse for ten or more years, and if your partner earns substantially less than you. However, if you have had a short marriage or if your income is similar to your spouse’s, it’s unlikely that you have to pay.
Another thing you need to keep in mind is the effect of taxes on alimony. While in any agreement made before 2019 alimony is tax deductible for the payer and taxable for the recipient, in the divorces that are settled from 2019 and on alimony is taxable for the payer and tax deductible for the recipient.
All in all, alimony in St. Lucie County is just one of many matters arising in a divorce that need to be resolved, and as such is better discussed in conjunction in the rest of the topics for a better overall picture. Mediation is a great way to settle these problems in a way that is less time consuming and emotionally taxing.
If you need to find a mediator to help you with alimony in St. Lucie County, contact Michelle Kohn from Kohn Mediation!