Does spousal support take into consideration the assets of both spouses?

Yes, spousal support in California does take into consideration the assets of both spouses when awarding spousal support (also known as alimony). In California, spousal support is calculated according to a formula, which takes into account various factors such as: the duration of the marriage, the income of both spouses, the age and health of both spouses, the earning capacity of both spouses, the custody of any children, the standard of living during the marriage, and the assets of both spouses. This means that not only are the income and earning capacity taken into consideration, but also any assets the spouses have (such as investments, property, or other financial resources). The court will look at both spouses’ total assets and use the formula to determine a monthly or annual amount of spousal support that is appropriate for the situation. In addition, when calculating spousal support, the court will also consider tax implications and spousal support obligations that have been previously established. This ensures that any payments or benefits due for spousal support are fair for both spouses. Ultimately, spousal support in California does take into consideration the assets of both spouses when awarding spousal support.

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Does spousal support take into consideration the assets of both spouses?

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