Alimony is one of the most discussed topics when it comes to divorce. It is understandable that couples who are navigating the divorce process are hesitant to give one another money, but it is important to understand some of the important details about this process to understand how to anticipate the various issues that might arise. In navigating the alimony process, it is also often a wise idea to obtain the assistance of an experienced family law attorney who can make sure that you follow these following pieces of advice.
Never Agree to Anything Outside of Court
After alimony is finalized, neither you nor your spouse will be able to change the terms of without first obtaining the other person’s consent and returning to a court of law. While some former couples make informal agreements regarding smaller issues related to alimony, it is often a wise idea to avoid doing so because this creates the risk that these informal agreements will become routine. Rather than risk informal agreements, never agree to anything outside of court.
Understand Your Finances
It is vital that all divorcing couples understand their financial situation when entering the divorce process. This includes knowing what amount of money you need to survive as well as the amount that you would ideally like to receive. By creating this range, you will have a much easier time negotiating the divorce process.
There are a number of negative emotions that divorcing couples experience including anger and loneliness. When it comes to alimony, it is a wise idea to avoid emotions like greed, as well, because this will almost certainly have a negative impact on the alimony process. Instead, it is a better idea to make decisions about what is in your best interest.
Never Hide Assets to Reduce Alimony Payments
Some people make the mistake of thinking that if they spend all of their money or hide assets, that they will be able to avoid the alimony process. This type of behavior, however, will only result in you being required to pay alimony on the limited amount of money that you have. The best way to respond in these situations is to never attempt to hide or spend your money to escape paying alimony.
Create Specific Grounds of Termination
In alimony agreements, there is almost always specific language that states when a person can terminate payments. Some alimony agreements, however, make the mistake of being too abstract concerning when alimony will be terminated. Fortunately, a seasoned attorney can make certain that your alimony statements are specific enough so that it is easy to determine when events occur that should result in the discontinuance of payments.
Speak with an Experienced Divorce Attorney Today
If you are navigating the divorce process, you likely have many questions about the alimony process as well as what you should do. To make sure that you proceed through the divorce process in the best way possible, you should not hesitate to contact Vayman & Teitelbaum P.C. today. We have helped many people negotiate alimony agreements and we know what it takes to make sure that your case resolves in the best possible manner.