A Knowledgeable Spousal Support Attorney Serving Encino Families
During divorce, one crucial aspect requiring careful attention is spousal support or spousal maintenance (alimony) determinations. Whether you are paying or receiving, understanding how it works is essential.
Nemiroff & Cohen, LLP, provides Encino families with legal guidance in family law matters, including spousal support. Attorney Cohen is certified in family law by the California Board of Legal Specialization and has over 35 years of individual experience. If you need help understanding post-divorce finances, we can help.
Understanding Spousal Support Settlement
It is a legally binding agreement outlining the amount and duration of financial support one spouse provides to the other post-divorce.
An alimony settlement is designed to balance the financial disparities that often arise after a breakup. The settlement is based on various factors, including the length of the marriage, the established marital standard of living and each spouse’s earning capacity.
In Encino, spousal support can be temporary or permanent.
- Temporary spousal support: It is awarded during the divorce proceedings to help the lower-earning spouse maintain their customary standard of living until a final divorce settlement is reached.
- Permanent spousal support: It is awarded after the divorce is finalized and can last for a specified period or indefinitely, depending on the circumstances.
Achieving a fair and reasonable spousal support settlement requires thorough preparation and legal guidance. An attorney can help ensure full financial disclosures while negotiating terms that reflect both parties’ financial realities.
The Impact Of Spousal Support On Post-Divorce Finances
Both paying and receiving spousal support can have significant implications for current and future taxes. Properly structured spousal maintenance can provide financial stability while minimizing the tax burden for both parties.
A lawyer can be invaluable in helping you obtain a fair spousal support outcome through litigation or negotiation. Litigation, a lengthy and costly process, involves a court deciding the terms of the spousal support.
By contrast, negotiating alimony matters empowers both parties to work together, often with the assistance of their attorneys, to reach a spousal support settlement that is fair to all. A lawyer can help you determine the best approach.
Contact An Encino Spousal Support Attorney Today
Do not navigate the complexities of spousal support alone. At Nemiroff & Cohen, LLP, in Encino, we can guide your divorce and help you secure a fair and reasonable spousal maintenance award. Call 818-435-9965 or contact us online to schedule a consultation.