What are some factors that impact alimony?

What are some factors that impact alimony?

When a couple gets divorced, their divorce agreement may include spousal maintenance or alimony payments. Of course, like all decisions made in the divorce, they will be based on the circumstances at the present time of the creation of the agreement. However, as the saying goes, the only constant in life is change. There are a lot of different factors and situations that may arise that would make it so the alimony agreement should be modified.

Depending on the circumstances, the alimony payments may need to be decreased or even terminated altogether. Perhaps the person making alimony payments lost their job and can no longer afford to meet this requirement. They are not permitted to simply stop paying alimony every month but they do have the option to file a request for modification. It may not necessarily be granted, but it may be worth a shot. In the mean time, make sure you continue making payments so you are not subject to wage garnishment or other consequences. Another situation where alimony could be affected may be that the spouse receiving alimony payments has decided to get remarried to someone else. In this case, the alimony agreement would be terminated.

If you have questions about changing alimony, it is important that you consult an experienced divorce attorney who can assess your options and advise you of your best next steps.

The Law Office of Toby Grabelle, LLC is a family and divorce law firm serving Monmouth County and all of New Jersey that would be happy to assist you in legal counsel. If you need quality legal services, contact the firm for a consultation