Alimony in Indian River County – What types of alimony are there?
Are you going through a divorce and your spouse has mentioned wanting to receive alimony in Indian River County? The first thing you should know is that alimony consists of a payment that the higher-earning party makes to the lower-earning party when there is a big disparity in incomes, usually after a long-term marriage.
Although alimony is becoming less common nowadays, it’s still a reality in many divorces. If you believe you will need to pay or receive alimony, first you should know there are three types of alimony:
• Temporary alimony: as its name indicates, this alimony is temporary, to help maintain the standard of living of both spouses while a divorce agreement is reached. It’s most commonly seen in cases where there are some issues that both parties are unable to resolve in a short time.
• Rehabilitative alimony: this is the most common type of alimony. It is meant to reduce disparities between spouses with different incomes. The spouse with more income must pay alimony for a set period of time while the party with lesser earning capacity or formal education adjusts to their new life.
• Indefinite alimony: this kind of alimony occurs when the difference between the spouses’ incomes is so large that the lower-income party will never be able to reach the potential income of the higher-earning party. It has no distinct ending point and is the alimony least commonly awarded.
If you believe you will need to pay or receive alimony in Indian River County, you can contact a mediator who will stand as a neutral party between you and your spouse, in order for you to discuss the issues at hand. A mediator with years of experience, like Michelle Kohn, could help you reach the best agreement possible.
Michelle Kohn is a Florida Supreme Court Certified Family Mediator. While she started out as an attorney, her practice in family law made her realize she was passionate about helping families resolve their problems and she decided to pursue a career in mediation. Nowadays, she is dedicated exclusively to mediation in family and divorce mediation.
So if you need a mediator to help you with alimony in Indian River County, contact Michelle Kohn from Kohn Mediation!