When Virginia couples split up, there’s almost always going to be a period of financial adjustment that follows. Having Mark B. Arthur, P.C., may help make the transition faster, as he can provide an in-depth understanding of matters like spousal and child support.
Spousal support – also known as alimony – is usually awarded to the spouse that:
- Has a lower income
- Has a long-term disability
- Is unable to work at the time of the divorce
- Had a homemaker career
Alimony payments are meant to help a person survive financially, which can be difficult after a divorce because the household income has suddenly been halved. In many cases, support payments will stop once you’re able to find a job that makes enough for you to comfortably support yourself. The payments can also stop if you get into another relationship with someone else who can support you.
Child support is usually given to the primary custodian of the child and lasts until the child is an adult. A formula can be used in court to determine how much is due. This formula takes health care and daycare costs into consideration, along with the income of both parents. Child support payments are not set in stone and may fluctuate based on the financial situations of all parties involved.
No matter what kind of financial support you and your ex-partner are dealing with, any type or amount of support payments can help better your financial situation in the short term. To get a fuller idea of what to expect when tackling this topic, visit our linked web page on financial support linked here.