Alimony is monetary support provided to the lower income-earning spouse following divorce to help him/her transition into a self-supporting role. It can be one of the most stressful and highly contested parts of the divorce process.
Our financial background gives us a unique view into the complexities of alimony, and no matter what your situation, we will advocate on your behalf to ensure that the alimony award is fair for you.
Here’s a quick overview of alimony. In Maryland there are three types:
- Permanent Alimony: Permanent alimony is granted when a recipient’s age, disability, or illness makes it unlikely that he/she can become self-supporting or if the standard of living of each spouse would be unconscionably disproportionate.
- Rehabilitative Alimony: Rehabilitative alimony lasts for a limited period of time until the recipient becomes self-supporting via education or training.
- Alimony pendente lite: Alimony pendente lite is temporary; it is awarded to either spouse during litigation leading up to divorce.
Alimony payments end upon the death of the paying spouse or remarriage of the spouse receiving alimony. It is considered income for the recipient and a tax deduction for the spouse paying.
Additional information about alimony can be found in the links to the left.
To learn more about how we can help you with your particular situation, please email or call us today at (301) 715-3838 to set up your FREE consultation.