Understanding Spousal Support: How Much, For How Long, and When Does it End?
Understanding Spousal Support: How Much, For How Long, and When Does it End? Spousal support, commonly known as alimony, is a crucial element of divorce proceedings, providing financial assistance to a former spouse. Consider a couple who has been married for 10 years. The court takes into account their financial circumstances, including the income and earning potential of each spouse. Suppose one spouse earns $6,000 per month while the other brings in $2,000 per month. Recognizing the significant income disparity, the court may award the latter spousal support to help balance the financial scales and maintain a similar standard of