Alimony
In an alimony dispute, the Birmingham divorce attorney at Ingram Law, LLC can represent your best interest and fight to protect your rights.
Birmingham Alimony Services: Your Trusted Attorney
Comprehensive Support for Alimony Matters in Jefferson County
At Joe Ingram Law LLC, our knowledgeable Birmingham alimony attorney guides people in many Alabama communities through a wide range of family law matters, including those related to alimony or spousal support. Attorney Joe Ingram understands how crucial these issues can be to divorcing spouses and their families.
He works tirelessly to resolve these matters as efficiently as possible while taking the time to understand the specific needs and goals of each person whom he represents. A divorce attorney like Mr. Ingram can play a key role in pursuing the financial support that you need or protecting you from paying a burdensome amount to your former spouse.
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Understanding Alimony: What You Need to Know
Alimony – also known as spousal support – is money paid by one former spouse to another following a divorce. The money is often used to compensate a former spouse for the sale of the couple’s joint property. It may also be intended to help the receiving spouse keep up something close to the standard of living that the couple enjoyed during the marriage.
Different Types of Alimony Available in Alabama
Alimony comes in two forms under Alabama law: In gross or periodic.
- Alimony in gross is a lump sum payment made at one time. It is often used to divide the proceeds from the sale of a family home or to split up a joint bank account and stock holdings.
- Periodic alimony, on the other hand, is a series of payments made over time to help the receiving spouse cover his or her cost of living. The payments may be temporary or permanent and they end when either spouse dies or when the receiving spouse remarries or cohabitates with another person. Unlike alimony in gross, periodic payments may be modified over time.
Alimony payments may also raise tax questions. Alimony in gross payments is not considered taxable transactions by the IRS. Periodic payments, however, may be deducted from taxes by the paying spouse and are considered taxable income for the receiving spouse.
Factors Influencing Alimony Determination in Alabama
A judge considering a request for alimony looks at a number of factors, most of which center on the requesting spouse’s need for the money and the other spouse’s ability to pay.
Those factors include:
- The duration of the marriage
- Each spouse’s income and earning capacity
- The standard of living enjoyed by the couple during the marriage
Periodic alimony is rarely awarded in marriages of less than 10 years and is generally reserved for situations in which one spouse has been the primary financial provider for the length of the marriage. Courts usually also take a look at the age and health of the spouses and the value of their property.
Reach Out to Our Birmingham Alimony Attorney for Guidance
If you are considering a divorce or are facing a spousal support dispute, our Birmingham alimony lawyer can help. Our firm has represented countless individuals in their alimony disputes. We are prepared to help you understand your rights and explore your options. Joe Ingram Law LLC proudly represents people throughout Jefferson County and the surrounding areas.
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