When filing for a divorce, one of the many aspects you need to consider is spousal support. Many factors go into awarding alimony to a spouse and not every couple will have the same financial needs post-divorce. When filing for spousal support in North Carolina, there are a few things you should know before filing.
If you would like to discuss your spousal support case with a qualified lawyer, the legal team at GPS Law Group have your best interest at heart from the start. Our experienced lawyers will guide you through the paperwork and any court hearings while protecting your rights.
What is Spousal Support?
Also known as alimony, these are payments one person makes to the other after a divorce. You must file for spousal support at the same time as filing for divorce. The spouse with the higher income pays the other to help them support themselves. The court may award you spousal support post-separation and may also grant alimony payments post-divorce. The courts will look at a number of factors before it awards alimony. Some of these include:
- Current & potential earnings of each spouse
- Length of the marriage
- Contributions by one spouse to increase the earning income of the other
- Standard of living
- Child custody agreements
- Contributions as a homemaker
Certain factors could make you ineligible for alimony, such as infidelity. Hiding assets and falsifying financial records to hide income are also not tolerated during spousal support cases. Make sure to bring accurate information and the lawyers at GPS Law Group will make sure you are protected and get what you’re entitled to.
How Is Spousal Support Awarded?
In North Carolina, there are no set guidelines for awarding spousal support payments. Alimony could be awarded as a monthly payment for a set amount of years or paid out in a single lump sum. Money awarded is considered a tax deduction for the payer and taxable income to the one awarded spousal support. Some couples are able to reach an agreement together, but many couples choose to seek legal representation to help them through these proceedings.
At GPS Law Group, we can schedule a consultation to learn more about your options and what to expect when seeking or potentially paying spousal support. Coming prepared with the right financial documents will help your lawyer become familiar with your case. The attorneys at GPS Law Firm will treat your case with the care and due diligence you deserve during this difficult transition to get you the best possible outcome.
Serving residents of Charlotte, Gastonia, Concord, Huntersville, and surrounding communities in Mecklenburg County, Rowan County, Cabarrus County, Iredell County, Gaston County in North Carolina, attorneys at GPS Law Group have been helping clients since 1992. GPS Law Group has grown significantly over the years, thanks to our legal experience, commitment to our clients, and the honest and diligent way in which we handle cases.