I’m not sure about the amount but the term is usually the duration of the marriage… if you were married for 5 years then you would pay alimony for five years. Alimony isn’t always awarded so you can make the terms up front as well… There is no set standard for alimony as far as I know… I can’t wait to see what everyone else says about it because that is a great question.
quote:[i]Originally posted by separatebut equal[/i]
[br]For those of you divorced, please tell me how much income disparity is between you. Attorneys, what is an indicator of "income disparity" that would be considered in making an alimony award to a dependent spouse? If a man makes 40,000 a year and a woman 15,000, what would be "fair"? Or is it just simply based on the "standard of living" ?
Actually, in quite a few jurisdictions, the term is half the length of the marriage, if not shorter, if it is awarded at all. (It’s not usually awarded for short-term marriages, the definition of which varies from jurisdiction to jurisdiction.)
There is no standard amount that determines whether there is an income disparity, it is taken on a case by case basis.
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For those of you divorced, please tell me how much income disparity is between you. Attorneys, what is an indicator of “income disparity” that would be considered in making an alimony award to a dependent spouse? If a man makes 40,000 a year and a woman 15,000, what would be “fair”? Or is it just simply based on the “standard of living” ?