Securing Financial Support During An Indianapolis Divorce
The two most argued subjects in divorce and family law cases are children and money. Spousal maintenance, also known as spousal support or alimony, is one of the most contentious aspects of divorce because of its ties to finances. Additionally, not knowing how much child support will be awarded is stressful as you try to start a new life. When it comes to matters of financial support, both your children and finances are affected.
At Frangos Legal, LLC, we understand the importance of securing child and spousal support payments to ensure you and your children are taken care of following a divorce. Whether you are the one being asked to make payments or you are expecting to receive money from your spouse, you can rely on us. Our founding attorney, David C. Frangos, can provide guidance and advice.
Factors In Child Support Calculations
In most cases, the parent who has primary custody receives payments from the other parent. There are specific guidelines used by family courts in the state of Indiana. Using a percentage of the parents’ incomes and a few other factors, the court can determine how much should be paid. A few factors that are considered in a child support calculation include:
- The income and earning capacity of each parent
- The health care and educational needs of the child
- The existing or proposed child custody agreement
However, child custody arrangements can be complex, leading to confusion about who pays whom and how much they should pay.
How Spousal Support Maintenance Works In Indiana
Spousal support, also called spousal maintenance or alimony, is a type of payment made by one spouse to another during and/or after a divorce. Spousal maintenance is intended to provide the lower earning spouse with a similar standard of living to what they enjoyed during their marriage. The court will decide spousal support based on several factors, including:
- The age of each spouse
- The assets and liabilities of each party
- The education level of both spouses
- The health – physical and mental – of both spouses
- The income and earning capacity of each spouse
- The length of the marriage
- The retirement benefits of both parties
- The standard of living maintained during the marriage
All support decisions are made on a case-by-case basis. Spousal support may end at the end of divorce proceedings, when the receiving spouse gets remarried or at another time specified by a judge. In some cases, spousal support may even be awarded permanently.
Contact A Skilled Child And Spousal Support Lawyer In Indianapolis
Our firm is committed to providing you with caring and skilled legal representation and guidance. Whether you are facing a dispute over child support payments, or you have not yet gotten a divorce and want advice, we are here to help in any way possible. Our financial support attorney is available by appointment to discuss your concerns and answer your questions. To schedule an initial case evaluation and consultation, call us today at 317-348-2150 or send us a message through our online form. All inquiries are confidential.