The financial implications of your divorce can be significant. If you inadequately prepare for life post-divorce, then you could end up facing financial hardship that you don’t deserve. With that in mind, now is the time to develop the legal strategy that you need going into your divorce to position yourself for financial stability. One aspect of your divorce that you’ll want to pay particularly close attention to is spousal support.
How can you position yourself to recover alimony?
Alimony, oftentimes referred to as spousal support, can be a financial lifeline post-divorce. But recovering these payments isn’t guaranteed. That said, there are some steps that you can take to better position yourself to recover the support that you need. Let’s look at some of them here:
- Gather all relevant financial records.
- Clearly articulate what your marital standard of living looked like, which may include gathering receipts and being prepared to testify as to the intricacies of your marital life.
- Demonstrate the contributions that you made to the marriage, whether that be foregoing a career to raise children or working to help put your spouse through college.
- Show how your sacrifices have negatively impacted your income or your earnings capacity.
- Speak to experts who can help you assess what it’ll take for you to get back on your feet and become self-sufficient.
- Consider whether compromising on some marital assets is worth it in exchange for spousal support.
Build the legal strategy needed to protect your financial interests
There’s a lot of work to be done during your divorce to protect your financial well-being. That’s why now is the time to start building your strategy, keeping in mind the importance of property division and alimony. With strong legal arguments on your side, hopefully you’ll be able to secure the fresh yet secure start that you’ve been hoping for.