It is quite common that one spouse will have a genuine need and the other spouse will have an ability to pay financial assistance following dissolution of marriage. In these cases, the Court can award periodic monthly installments of spousal support, for a fixed or indefinite period of time. Presently, there is no set of guidelines or formula to determine alimony or spousal support; however, the legislature has promulgated numerous factors for the court to consider, including but not limited to, the length of marriage, the disparity of the party’s incomes, the age and health of the parties, contributions made to the marriage by each party, earning potential of the parties, tax consequences of an award of alimony, and the lifestyle the party’s were accustomed to living during the intact marriage.
Margolesky Law - Margolesky Law