Spousal Support (Alimony)

Spousal support, sometimes referred to as alimony, is closely tied to the final outcomes of many divorces, especially those relating to high net worth couples.

Many factors enter into how spousal support (if any) is decided, including how much and for how long. A few factors that affect this decision are the respective incomes of you and your spouse, the contributions made by one spouse to support the other in the development and maintenance of a career, the standard of living maintained during the marriage and the length of the marriage.  Also taken into account are the ability to pursue gainful employment, health and age, tax consequences and the balancing of the support with the hardship it may cause.

Individuals with high incomes frequently present complicated issues regarding the calculation of income available to pay support, determining the marital standard of living and the tax consequences of support. The attorneys at The Reis Law Firm, and our team of expert accountants, are highly experienced representing both supported spouses and those who must pay spousal support.