24/7 call for a free consultation 212-300-5196

AS SEEN ON

EXPERIENCEDTop Rated

YOU MAY HAVE SEEN TODD SPODEK ON THE NETFLIX SHOW
INVENTING ANNA

When you’re facing a federal issue, you need an attorney whose going to be available 24/7 to help you get the results and outcome you need. The value of working with the Spodek Law Group is that we treat each and every client like a member of our family.

Client Testimonials

5

THE BEST LAWYER ANYONE COULD ASK FOR.

The BEST LAWYER ANYONE COULD ASK FOR!!! Todd changed our lives! He’s not JUST a lawyer representing us for a case. Todd and his office have become Family. When we entered his office in August of 2022, we entered with such anxiety, uncertainty, and so much stress. Honestly we were very lost. My husband and I felt alone. How could a lawyer who didn’t know us, know our family, know our background represents us, When this could change our lives for the next 5-7years that my husband was facing in Federal jail. By the time our free consultation was over with Todd, we left his office at ease. All our questions were answered and we had a sense of relief.

schedule a consultation

Blog

New York Spousal Maintenance Lawyer

March 21, 2024 Uncategorized

Spousal Support: Understanding Alimony and Its Types

Spousal support, also known as alimony, is the financial assistance provided by one spouse to the other during or after divorce proceedings. It is typically paid by the spouse with a higher income to the spouse with a lower income. It is important to note that spousal support should not be confused with spousal maintenance, which is provided while a couple is still married.

Different Types of Spousal Maintenance

There are different types of spousal maintenance that can be awarded depending on the circumstances:

1. Temporary Maintenance

Temporary maintenance is paid by one spouse to the other during the divorce proceedings. It is usually awarded when one spouse has no other source of income and requires immediate financial support.

2. Post-Divorce Spousal Maintenance

Post-divorce spousal maintenance is awarded after the divorce has been finalized. It is intended to provide ongoing financial support to the spouse with a lower income.

Factors Affecting Spousal Maintenance

Several factors are taken into consideration when determining the amount of spousal maintenance:

1. Duration of the Marriage

The length of the marriage plays a role in determining the amount of alimony. Generally, longer marriages result in higher alimony payments.

2. Age of the Parties

The age of the parties involved is considered. If the spouse receiving spousal support is older and has health issues, they may be awarded a larger amount.

3. Earning Capacity

The earning capacity of each spouse is crucial. If a spouse has a high earning potential, they may receive less spousal maintenance. The goal is to help the receiving spouse become financially independent.

4. Current Income and Property

The current income and property owned by each spouse are taken into account. The division of property can impact the amount of spousal maintenance awarded.

5. Loss Incurred by a Spouse

If a spouse has made sacrifices, such as giving up a career to take care of children, this can increase the amount of spousal maintenance awarded.

6. Child Custody Arrangements

If the spouse with lower earning capacity is granted physical custody of the children, the other spouse may be required to pay additional spousal maintenance along with child support.

7. Equitable Distribution of Property

If there is a fair distribution of property between the spouses, the amount of spousal maintenance may be reduced.

8. Health Insurance

If the couple had joint health insurance, the cost of individual health insurance after divorce may be factored into the spousal maintenance calculation.

9. Death of a Spouse

If the spouse receiving alimony passes away, the payments will cease. Similarly, if the paying spouse dies, the recipient will no longer receive spousal maintenance.

Legal Considerations

The law provides a formula for calculating spousal maintenance, which can be found online. It is important to report the full alimony amount for tax return purposes.

How a Lawyer Can Assist

A lawyer can provide valuable assistance in matters related to spousal support:

– Ensuring fair spousal maintenance during divorce proceedings

– Explaining the impact of alimony on tax returns

– Assisting with alimony calculations

Consulting with a lawyer can help navigate the complexities of spousal support and ensure a fair outcome for both parties involved.

Lawyers You Can Trust

Todd Spodek

Founding Partner

view profile

RALPH P. FRANCHO, JR

Associate

view profile

JEREMY FEIGENBAUM

Associate Attorney

view profile

ELIZABETH GARVEY

Associate

view profile

CLAIRE BANKS

Associate

view profile

RAJESH BARUA

Of-Counsel

view profile

CHAD LEWIN

Of-Counsel

view profile

Criminal Defense Lawyers Trusted By the Media

schedule a consultation
Schedule Your Consultation Now