Going through a divorce is a painful and emotionally draining process.
For some, it can also be a financially draining process, especially if you relied on your spouse for financial income. With a divorce on the horizon, your mind is racing wondering where you’ll find more income to maintain the lifestyle you’ve set for yourself during your marriage. Let the attorneys at KF Law help you get the financial support you need and deserve.
Typically, there are three types of known as alimony (also known as spousal support):
- Permanent alimony – payments continue until death of paying spouse or remarriage of spouse receiving payments.
- Rehabilitative alimony – payment for short duration only. The main aim of this payment is enabling the spouse to gain skills or experience needed to get employment so financial independence can be achieved.
- Temporary alimony – payment for a short time period, sometimes just during course of divorce proceedings.
Many factors are considered while finalizing the support amount, for example:
- Length and duration of marriage
- Marital conduct
- Earning capacity and financial resources of both the spouses
- Contribution of each spouse to marital estate
- Age and health of each spouse
- Financial value of the estate of each spouse
- Standard of living followed the couple while they were married
- Time needed by one of the spouses to gain employment
In Georgia, financial responsibility of your spouse does not necessarily end because the marriage is ending.