What are the requirements for an alimony agreement?
In Pennsylvania, to request alimony, a person must have a valid reason why they need financial help after a divorce. Generally speaking, a couple must be married for a certain amount of time, be separated, and one of the parties must need financial help to maintain a reasonable standard of living. The most common reason to receive alimony is when one spouse has been financially dependent on the other, meaning they have little to no income or assets of their own. The award of alimony can also be based on a person’s need for rehabilitation to become self-sufficient. The court will evaluate both parties’ financial situation, and determine if one of the parties needs financial help for a certain period of time in order to get back on their feet. The court will also take into consideration the duration of the marriage, the ages of the parties, the standard of living during the marriage, the contributions made by each party to the marriage and to the respective careers, and the income and property each party will have after the divorce. When the court grants alimony, it can be a one-time payment, or it can be for a specific period of time. The court will make sure that the amount granted is reasonable and necessary for the receiving party’s standard of living. Additionally, the court can also assign an alimony agreement that includes periodic payments and a requirement to pay taxes on the alimony payments.
Related FAQs
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Are alimony payments taxable to the recipient?
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Is alimony considered marital income?
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