What is Alimony?
In a proceeding for dissolution of marriage, the court may grant alimony to either party, which alimony may be rehabilitative or permanent in nature. In any award of alimony, the court may order periodic payments or payments in lump sum or both. The court may consider the adultery of wither spouse and the circumstances thereof in determining the amount of alimony, if any, to be awarded. In all dissolution actions, the court shall include findings of fact relative to the factors enumerated in subsection (2) supporting an award or denial of alimony.
What does the court consider when determining alimony?
In determining a proper award of alimony or maintenance, the court shall consider all relevant economic factors, including but not limited to:
- The standard of living established during the marriage.
- Duration of the marriage.
- The age and physical and emotional condition of each party.
- The financial resources of each party, the nonmaritial and the marital assets and liabilities distributed to each.
- When applicable, the time necessary for either party to acquire sufficient education or training to enable such party to find appropriate employment.
- The contribution of each party to the marriage, including, but not limited to, services rendered in homemaking, child care, education, and career building of the other party.
- All sources of income available to either party.
- The court may consider any other factor necessary to do equity and justice between the parties.
