Question By: Spousal maintenance, often referred to as alimony, is a critical component of divorce settlements designed to provide financial support to a lower-earning spouse. While some divorces involve equal financial standing, others leave one spouse at a significant economic disadvantage, making maintenance agreements necessary.
Compared to property division, which involves the fair distribution of marital assets, spousal maintenance specifically ensures ongoing financial stability. A spouse who was financially dependent during the marriage may struggle to cover living expenses post-divorce. Maintenance payments help bridge the gap until they achieve financial independence.
Unlike child support, which is mandatory and calculated based on state guidelines, spousal maintenance is determined case by case. Courts consider factors such as the length of the marriage, each spouse's income, earning potential, and contributions to the household. In cases where one spouse sacrificed career opportunities to support the family, maintenance may be awarded as compensation.
Spousal maintenance also differs from temporary financial support provided during divorce proceedings. Temporary maintenance covers immediate expenses until a final settlement is reached, whereas post-divorce maintenance can last for a set period or indefinitely, depending on the circumstances.
Without a proper agreement, financial disputes may arise after divorce, making legal guidance essential. Those seeking Schaumburg Maintenance Attorneys can explore legal professionals who ensure fair spousal support arrangements. Get the details on The Law Office of Fedor Kozlov, P.C. at https://lawyer-il.com/.
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