Often divorcing spouses are delighted to find out that the spousal benefit does not end with a divorce, and they are often grateful to discover that they have access to a completely unknown source of income. There are a number of rules, however, that must be followed precisely in order to successfully make this claim.
For many couples in divorce, the marital residence is their largest asset. That means whatever decision is made with regard to its ultimate disposition in the divorce must be thoughtfully considered from every possible perspective. If the decision is made that it should be sold, then management of the sale is vitally important.
Alimony is a post-divorce payment that one spouse makes to the other spouse. It is fairly common in a divorce action for the spouse who earns less to make a claim for alimony. Alimony payments are ordered in cases to smooth the transition for the party who earns less and/or assist in securing their financial future.