How Much Alimony Will I Pay or Receive?
The amount of alimony a court may award depends on many factors. By law, the court must consider: (1) the financial condition and needs of the recipient spouse; (2) the recipient's earning capacity or ability to produce income; (3) the ability of the payor spouse to provide support; (4) the length of the marriage; (5) whether the recipient spouse has custody of minor children requiring support; (6) whether the recipient spouse worked in a business owned or operated by the payor spouse; and (6) whether the recipient spouse directly contributed to any increase in the payor spouse's skill by paying for education received by the payor spouse or enabling the payor spouse to attend school during the marriage.
During divorce proceedings both partners must disclose to the court their financial situation and back up their disclosures with supporting documents. Generally, this means two years of tax returns, a full year of paystubs, recent loan applications, and other proofs of income.
Additionally, a partner must list in detail that partner's monthly expenses by category and support such list with at least three months worth of bank statements. If a home is owned, appraisals, tax valuations or refinance documents are to be provided.
The calculation of an alimony figure is case specific. All of the financial information is used by the court in the exercise of its equitable powers.
Essentially, the amounts and durations of alimony awards depend upon the facts presented to the court as to the parties' standards of living and their respective financial situations. It is important to seek legal representation when seeking or trying to limit an alimony award.
Alimony awards in Utah cannot be ordered for a duration longer than the number of years that the marriage existed unless extenuating circumstances justify a longer payment period.
During divorce proceedings both partners must disclose to the court their financial situation and back up their disclosures with supporting documents. Generally, this means two years of tax returns, a full year of paystubs, recent loan applications, and other proofs of income.
Additionally, a partner must list in detail that partner's monthly expenses by category and support such list with at least three months worth of bank statements. If a home is owned, appraisals, tax valuations or refinance documents are to be provided.
The calculation of an alimony figure is case specific. All of the financial information is used by the court in the exercise of its equitable powers.
Essentially, the amounts and durations of alimony awards depend upon the facts presented to the court as to the parties' standards of living and their respective financial situations. It is important to seek legal representation when seeking or trying to limit an alimony award.
Alimony awards in Utah cannot be ordered for a duration longer than the number of years that the marriage existed unless extenuating circumstances justify a longer payment period.
Divorce FAQ
The foregoing information is general, non-case-specific information and is not intended to constitute legal advice or to form an attorney-client relationship. We provide aggressive, competent representation in all areas of divorce and family law, including child custody, visitation, child support, alimony awards, modifications, guardianships, adoptions, prenuptial agreements and all related matters. To schedule an appointment with one of our attorneys, please contact our office at 801-377-4652.
Courtyard at Jamestown
3575 North 100 East
Suite 325
Provo, Utah 84664
Phone: 801-377-4652
Fax: 801-377-4673
3575 North 100 East
Suite 325
Provo, Utah 84664
Phone: 801-377-4652
Fax: 801-377-4673
