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We Both Earn A Lot Of Money. Do I Have To Pay Alimony?

June 3, 2014 by Marc Jacob

Alimony, spousal support, and spousal maintenance are all terms that apply to the financial arrangement between ex-spouses that helps keep the lower-earning spouse financially secure, either for a set period of time or until a major life change warrants termination of the support.

In cases where both parties are in the work force and financially self-sufficient, spousal maintenance isn’t a necessary part of a divorce settlement.

You’ll still have to negotiate an equitable distribution of assets and debts with your spouse, as well as develop plans for child support, custody, and visitation if you have kids.

Otherwise, in households where both spouses are high earners, there’s often no expectation or need to provide maintenance in divorce.

At Zelenitz, Shapiro & D’Agostino, we can provide valuable legal guidance and negotiating help in divorces where the playing field is pretty level financially.

Call us today at 718-523-1111 and talk to an experienced Queens divorce lawyer for free.

Filed Under: Divorce

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