The main factor that is used to determine alimony is the financial situation of each spouse at the time of the divorce. However, there are many factors that go into the overall alimony calculation. These include:
- Length of the marriage
- Individual contribution of each spouse to the marriage, including financial as well as child care and homemaking contributions
- Emotional and physical condition of both spouses
- Individual financial resources including all non-marital assets as well as all marital assets
- Spouses’ ages and health
Determining alimony can be a tricky matter. Thankfully, the Law Office of Torrence L. Howell is here to help.