Even though you might have heard of spousal support, which is also commonly known as alimony, you might have never thought that it would apply to your situation. If you are in the process of getting a divorce, however, you should know that there is a chance that you could be owed alimony by your soon-to-be ex-spouse. These are a few signs that you might be eligible for this type of support after your divorce:
Divorce can be devastating. Not only can it wreak havoc on your emotions and self-esteem, it can also wreak havoc on your financial well-being. Alimony provides you with the opportunity to receive monthly payments from your ex. The amount of support you'll receive will depend on how long you were married and which state you resided in at the time of the divorce. In Florida, if you've been married longer than 17 years, you may be entitled to permanent spousal support, meaning you'll receive monthly payments from your ex for the rest of your life.
Divorce can be a painful and overwhelming process, no matter how old you are or how long you have been married. However, if you are divorcing later in life after being married for a long time, there are some unique circumstances you need to consider. Here are some things to remember when you are divorcing in your golden years. You Can Still Collect Social Security Income is often a difficult thing to deal with when you divorce later in life after not having been employed for a long time.
Even though a prenuptial agreement is a logical way to keep your personal assets and finances protected from the usual binding laws of marriage, don't be surprised if bringing the idea up to your soon-to-be husband or wife gives them a small inkling of doubt. Because a prenup clearly outlines what would happen financially in a divorce, some partners may feel like your desire to have one is just a looming cloud of doubt in your mind about whether or not the relationship will even last.
Getting divorced isn't at the top of anyone's list. When you get married, you expect to start a family and build your life together. Unfortunately, things sometimes happen that are out of your control. Before you know it, you find yourself in divorce court fighting for custody of the children. If this sounds like something you are dealing with right now, here are a few things you need to avoid to prevent damaging your case.