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

In Wisconsin, spousal support takes into consideration the assets of both spouses. This includes all assets owned by either spouse, as well as any debts owed by either spouse. In accordance with Wisconsin state law, the assets and debts of both spouses must be divided between the two parties. The court will take into account both assets and debts owned/owed by each spouse when determining the amount of spousal support awarded. In some cases, the court may also take into consideration the future earning capability of each spouse. This aspect of spousal support law is used to ensure that both spouses are able to maintain a comparable standard of living after the divorce. In addition, Wisconsin state law requires spousal support to be paid for a set amount of time based on the length of the marriage. For marriages that lasted less than five years, spousal support may not be awarded at all. For marriages that lasted longer than five years, spousal support may be awarded for up to 10 years. Overall, spousal support takes into consideration the assets and debts of both spouses in the state of Wisconsin. The court will also take into account any other financial factors that will have an effect on the award of spousal support.

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

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