How are alimony payments determined?

Alimony payments are meant to provide financial stability for the receiving spouse during or after a divorce, as this individual may have given up his or her career aspirations in order to care for the couple’s family. They are calculated based on several different factors, but generally, the following information will help determine the amount of alimony awarded to the receiving spouse: the incomes of each spouse, the educational and/or medical needs of each spouse, the projected incomes of each spouse, the child custody arrangements, and more.

If you or someone you know has questions about alimony payments or how they are determined by the court, contact an experienced Lewisville divorce lawyer of Alexander & Associates today by calling (972) 420-6560.