In the aftermath of a divorce or legal separation, one household becomes two. The resulting financial strain can impact all of the parties involved. In some cases, it is necessary for one spouse to pay spousal support or alimony to the other on a temporary or indefinite basis.
Spousal support is intended to provide enough money to pay for the “reasonable” needs of the receiving spouse.
A number of factors can affect the terms of a spousal support agreement including:
Special factors may affect the ability of the receiving spouse to adequately support themselves. For example, if a wife was an accountant but has been out of the workforce caring for young children for five years, she is unlikely to be able to obtain a position equal to the one she held before she left the workforce. Therefore, she may be eligible for spousal support until she regains the seniority she once had.
Additionally, if the supported spouse is disabled or faces barriers in the job market due to caring for children, he or she may be more likely to receive spousal support as a result of these unique factors.
In today's unpredictable economy, financial circumstances can change rapidly for either spouse. It may sometimes be necessary to modify spousal support when circumstances change. If you are receiving spousal support, we can help you get the financial resources you need. If you are paying spousal support, our St. Louis divorce lawyers will work to ensure your arrangement is fair and does not cause any undue financial strain.