It’s important to remember that a divorce is not merely the end of a marriage. Many financial aspects come along with making this decision. Alimony and spousal support are just two of them. At Simonetti & Associates, we want to keep our clients financially protected when deciding to go through a divorce. Our divorce lawyer in Montauk would like to break down the differences between alimony and spousal support to have an idea of what you’re getting into before signing any papers.
What Is Alimony?
Sometimes, it can be difficult to tell what the differences between spousal support and alimony are. Although some people use the terms interchangeably, our divorce lawyer in Montauk warns there are some distinctions to be made between the two. Alimony is defined as the support paid by one ex-spouse to the other as ordered by the divorce court. If you only make one payment to your ex-spouse, it would be considered alimony.
What Is Spousal Support?
Spousal support is a more modern legal term used in divorce cases. Although the term alimony can cover one payment, spousal support is a bit more involved. Spousal support has a more long-term aspect, as it is awarded to help keep one spouse protected from the financial damage that can occur during a divorce. Rest assured, our divorce lawyer in Montauk will present a case that helps achieve the optimal spousal support outcome, whether making or receiving payments.
How Long Are Payments Made
If the court rules that you are required to make alimony or spousal support payments, you may be wondering how long this will last. Several factors can play into this. Our divorce lawyer in Montauk will do everything in their power to help reach a favorable outcome for these payments. Depending on the situation, you may be ordered to pay a specific amount until:
- You get to a future date that was set by the judge
- Your former spouse remarries
- Your children no longer need full-time support
- A significant event, such as retirement, takes place
- The judge rules that a reasonable enough amount of time has passed for your ex-spouse to secure themselves financially
Contact Our Divorce Lawyer In Montauk
Going through a divorce can take a huge emotional toll. It can take a financial one as well. Our team at Simonetti & Associates understands this, which is why we work to make the divorce process as easy as possible for our clients. To schedule a consultation with our divorce lawyer in Montauk, contact our team today!
