What are the factors that are considered when awarding alimony?
In Texas, many factors are taken into consideration when awarding alimony. These include the length of the marriage, the need for support, and the ability of one spouse to pay. Other factors include the age of the spouses, the physical and mental health of each spouse, the education level and employment history of each spouse, the skills and abilities of each spouse, the amount of property and assets of each spouse, the marital standard of living, the earning capacity of each spouse, any adultery or extravagance committed by either spouse during the marriage, and the contribution of a spouse as a homemaker or parent. In determining the amount and duration of alimony to be awarded, the court may consider the duration of the marriage, the earning capacity of both spouses, and the financial resources available to the spouse receiving the alimony. The court may also consider the contributions of both spouses to the marriage, including contributions to the family business, homemaking and parenting duties, improvements and repairs to the family home, and other financial and non-financial contributions. In addition, the court may factor in the tax consequences for both parties in awarding alimony. Finally, the court considers the extent to which alimony would be necessary in order to maintain the standard of living established during the marriage.
Related FAQs
Can a court award alimony to a spouse who has committed adultery?Can alimony be awarded based on need after a long-term marriage?
How is alimony affected if the recipient cohabitates with another partner?
Can an alimony award be modified if the recipient's income increases?
Are living expenses included in an alimony award?
Are there rules for ending alimony payments?
Does alimony have to be paid for the entire length of the marriage?
Is alimony revoked if the payor declares bankruptcy?
Is alimony enacted differently in each state?
Is alimony considered marital income?
Related Blog Posts
'Demystifying Alimony Law: What You Need To Know' - July 31, 2023'Divorce and Alimony: Understanding Your Rights and Responsibilities' - August 7, 2023
'Tax Implications of Alimony Payments: How to Protect Your Finances' - August 14, 2023
'How to Calculate Alimony Payments: A Step-by-Step Guide' - August 21, 2023
'Alimony Modifications: Know Your Rights and Options' - August 28, 2023