Alimony Adjustment
Spousal support, also known as alimony, is a type of post-separation financial agreement under which one party issues payment to the other. The appropriateness and amount of alimony is determined by a number of factors and, as with most issues involving money, it is often contentious. The aim of the court is to establish an alimony agreement that accurately reflects the financial circumstance of each party. However, as conditions change for either the payer or the recipient of alimony payments, it may be necessary to seek an adjustment to the court’s initial decision.
If you believe that you are being asked to pay too much or that you ought to receive more substantial support payments, it is essential that you seek the assistance of a skilled and experienced attorney to pursue a modification of the terms. Contact the compassionate Austin divorce attorneys of Slater, Kennon & Pugh LLP, at 512-472-2431 today to discuss your situation.
Adjustment Factors
Many of the original considerations are taken into account for modifying spousal support. These are typically reevaluated to see if need and ability have changed. There are other drastic circumstances, however, that can cause alimony amounts to change. These include:
- Involuntary unemployment or disability of the payer
- Recipient remarries, or takes up residence with a partner
- Recipient income rises dramatically, enabling self-support
Contact Us
No matter what the dynamics of your particular divorce, we may be able to help you to renegotiate the terms of your alimony payments. Contact us at 512-472-2431 to speak with the Austin divorce attorneys of Slater, Kennon & Pugh LLP.