Contractual Alimony vs. Spousal Maintenance
Alimony, which is a term used to refer to all post-payments made after the divorce from one ex-spouse to another, is classified into two types: court-ordered spousal maintenance and agreed-upon contractual alimony, which is not sanctioned by the courts, the Houston Chronicle reported on July 15.
Enacted in 2005 and amended in 2011, the spousal maintenance statute now posits that one partner who for some reason is unable to earn enough money to provide for basic expenses can become eligible for maintenance, provided that he or she was married to his or her spouse for at least 10 years.
The courts may now order the provision of maintenance to last as long as five, seven, or 10 years, depending on how long the marriage lasted.
Family legal issues, especially divorce, are often emotionally complicated affairs, as a couple makes decisions that will affect their futures as separate entities. If you are considering divorce or need assistance with other family law matters, the compassionate and experienced attorneys at Alexander & Associates can help. Call our offices today at 972-420-6560 to learn more.