Protecting Your Lifestyle During and After Divorce
By November 9, 2017 Articles
The loss of financial resources impacts your personal and professional life. In some cases, a spouse may take steps to negatively impact the financial well being of their partner.
Spouses who aren’t working or earning significantly are the most vulnerable in contested divorce cases.
These cases should seek to resolve disputes amicably while avoiding costly and lengthy proceedings if possible.
Spousal support or alimony is often an issue that spouses don’t agree on. In many marriages, one spouse may be financially dependent on the other.
Working with an attorney protects your financial well being, lifestyle, and future. You’ll understand your rights under the law and be presented with the best options for your needs.
Protecting Your Lifestyle With a Legal Professional
Spouses may try to minimize the amount of spousal support that’s granted to the other party. You’ll have to demonstrate your financial needs and history of your spending in order to receive the support you deserve.
Gathering and presenting evidence is critical to achieving a positive outcome in your divorce case.
Working with an experienced attorney is the first step in understanding your rights and determining the best options for your legal needs.
There are many factors that determine the amount of spousal support you receive. These include your spouse’s current income, your ability to earn future income, and the standard of living established during the marriage.
Contributions from each spouse and the needs of each spouse and the children will also impact the court’s decision.
You will need a detailed analysis of your daily expenses and the spending history during the marriage. Your attorney will use bank statements, credit card statements, statements from investment funds, tax filings, and other financial documents to determine your standard of living and help you establish proof of your needs for alimony.
Providing this information can be a complex and lengthy process. Your attorney will help you gather the information needed to secure the spousal support that allows you to maintain your lifestyle.
The more information you provide, the more likely you are to have the courts decide in your favor.
Inaccurate or missing financial records can hurt you in the end. So ensuring that you submit complete information according to the needs of the court is essential to the success of your divorce proceedings.
Want to know more about alimony and protecting your lifestyle? Please contact the BKBM Family Law Group and ask for Charles Medlin, Erin Stone or Marilyn Kapaun at (770) 391-9100.