Knowledgeable Alimony Lawyer
Alimony has a number of different names in Minnesota. It is also called spousal support and spousal maintenance because it does exactly what it sounds like it does. It is the opportunity for one spouse to be supported by the other after a divorce. The spouse who is supported is the one who makes less of an income and who needs time to increase their earning potential through a better job or education.
There are times when divorcing spouses can opt out of alimony completely, provided the judge finds it acceptable. This may occur when both spouses earn enough money to live comfortably. Other times, couples may choose to include it in their divorce settlement. If you need to include alimony in your divorce settlement, your Mankato alimony attorney can help you take the steps to do this.
Advocating For Your Rights
In Minnesota, there is no exact formula for alimony like there is with child support. There are a number of factors that determine whether or not alimony is ordered. They include:
- The length of time the couple was married
- The couple’s earnings
- The needs of each party
In the case that a marriage was a long one or one spouse is disabled, the court may order permanent alimony over temporary alimony. If the support is ordered temporarily, it is done so for an amount of time that is believed to be appropriate for the receiver to obtain the job skills that they need to increase their earning potential.
Opting Out Of Spousal Maintenance
In cases where alimony can be optional, your Southern Minnesota alimony lawyer will carefully examine the taxation and financial issues that may be present. Alimony is taxable to the receiver, while it is tax deductible for the payer. It may be ideal to negotiate property division over alimony because of the tax implications. This is just an example of the options available and how your attorney can help you make the decision that will pay off for you and may pay off well for the other party as well.
Whatever the situation, you can depend on Birkholz Law to represent you with determination and skill so your rights and your interests are protected. By protecting your rights and interests, you can push forward toward a better future.
Contact A Mankato Alimony Lawyer
Minnesota has specific criteria that must be met before one former spouse can support the other through alimony, also known as spousal support, the lesser earning spouse can receive payments after the divorce to support their basic needs while they work toward increasing their earning potential. These payments are not permanent, as they last for a specified period of time or when the receiving spouse gets remarried. To learn more about alimony as a part of your divorce settlement, call Birkholz Law, LLC at the Mankato office at 507-387-2100, the St. James office at 507-375-3374 or the Westbrook office at 507-274-6501 for a free consultation.