What are the factors that are considered when awarding alimony?
When awarding alimony in Hawaii, the court considers multiple factors. The main purpose of alimony is to provide support to the less financially secure spouse, and the amount and duration of the payments is tailored to the particular needs of each spouse. The length of the marriage is important. Generally, marriages of 5 years or less are considered short-term, 5-10 years is considered medium-term, while anything over 10 years is considered to be a long-term marriage. The court will consider the financial resources of each party when determining the amount of alimony. This includes earning capacity, present and prospective income, investments, and retirement funds. They will also look at lifestyle changes that were made during the marriage, such as the spouse giving up a career or educational opportunities. The court will also look at the health of both parties and the costs of medical insurance coverage. The court will take into account the age of the parties, the care of any minor children, and any special needs of either spouse. Finally, the court may consider fault when awarding alimony if one spouse has engaged in adultery or other behaviors that may have damaged the marriage. All these factors must be taken into account when awarding alimony in Hawaii.
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