Many individuals find that one of their primary concerns when going through a divorce is how this process could impact their financial future. It is true that ending your marriage will result in changes to many areas of your life, but that does not mean that this decision will lead to financial ruin. You will benefit from having clarity regarding how you can pursue terms that will provide you with stability and security. It is important to know if you are eligible for financial support of any kind.
Depending on the details of your individual situation, you may be eligible for spousal support. These are payments that come from the higher-earning spouse to the lesser-earning spouse. This is to offset the economic inequity often brought about by a divorce, but not everyone has a rightful claim to it. If you believe that you could be eligible for spousal support, it may be helpful for you to know how Florida courts make decisions on this important issue and whether you can seek specific terms in your financial order.
Easing the financial blow of divorce
Divorce is costly, even if you have steady income. For spouses who do not work or currently earn significantly less than their partner, a divorce can be a financial blow as they will no longer have the support of that primary income. If you are the lesser-earning spouse, it will be important that you have some type of support as you adjust to post-divorce life and perhaps seek additional income. The court may grant spousal support to you on either a limited basis or permanently.
There are various factors that can impact eligibility for spousal support. When hearing cases involving alimony claims, the court will consider the length of the marriage, the financial capabilities of both spouses, capacity for future income and various other factors. In many cases, a court will grant spousal support for a time period deemed sufficient, during which the recipient can seek additional income, go to school or find employment.
The terms of your final order matter
The terms of your final order will impact you for years to come. It is in your interests to have an understanding of your eligibility for spousal support and what you can do to secure terms that will provide you with a strong future. By seeking knowledgeable guidance, you will be more likely to make practical decisions that are truly in your best interests.
