Establishing Financial Fairness Post-Divorce
An Enduring Tool
While alimony is not as common in Georgia as it was in the past, it continues to be an important aspect for helping people maintain their standard of living after a divorce. This is particularly true for a partner who may have sacrificed a career and earning potential to take care of the home while the higher-earning partner continued to work.
Both spouses contribute to a marriage. No one should have to take a dramatic step back because his or her marriage ended. If you are seeking alimony or feel that you shouldn’t have to pay alimony, discuss your situation with a knowledgeable Cobb County alimony lawyer.
We Understand The Concerns Of High-Asset Clients
When you speak with attorney William C. Gentry in Marietta, you can count on receiving sound legal counsel and strong advocacy from an experienced family law attorney. Since 1986, he has worked relentlessly to protect his clients’ financial interests when going through high-asset divorces or divorces involving minimal assets and debts. He understands the financial concerns keeping you up at night. Mr. Gentry has the skills and legal resources to protect your financial interests no matter what you are up against.
Alimony can be a contentious issue in many divorces. To learn more about your options, contact Bill Gentry today for a free initial consultation in Marietta, Georgia.
How Does Alimony Work?
Alimony is not one size fits all. If the judge deems a spouse qualified to receive alimony, determinations will need to be made regarding the amount of the payments and how long they will last.
Alimony and spousal support plans include:
- Permanent alimony: This form of alimony is increasingly rare, but may still be awarded in appropriate cases. Typically, permanent alimony would be granted to a spouse who has been married for decades and stayed home to raise children rather than obtaining an education and establishing a career outside of the home.
- Transitional or rehabilitative alimony: This type of alimony is still relatively common after a divorce, particularly when one spouse has a significantly higher income than the other. These payments typically last a few months or years as one spouse transitions into his or her new life.
- Lump-sum alimony: One spouse may be awarded a lump sum of money or even the house as lump-sum alimony.
When determining whether there is a need for alimony, judges may look at other factors as well, including children with special needs, physical or mental health issues of a spouse, or a great disparity in educational levels and earnings potential.
Find Out How Alimony Might Work In Your Situation
When your financial interests are on the line, contact our spousal support attorney, Bill Gentry, for a free initial consultation in Marietta, Georgia. He will take every measure possible to position you for the most favorable resolution possible. Call 770-884-4171 today.