Alimony is considered a financial tool to even out the imbalance a divorcing couple may face as one spouse may be earning more than the other and, without a stable source of income, the one who is financially dependent on the other may find their financial life suddenly falling apart. But the question that comes to mind in today's families is-do men receive alimony as well as women?
One way a divorcing couple tries to even out the financial imbalance a divorce causes is by establishing alimony-financial support from a former spouse who earns more income to the other spouse who perhaps earns lesser or has not been working for some time due to the marriage. Alimony is an important tool for parties trying to get back on their feet without having to worry about keeping the roof over their head.
Though various studies have identified certain risk factors that could increase the chance of a marriage ending in divorce, the reality of the situation is that marriages end across Louisiana daily for a number of reasons. Regardless of the reason, dissolving a marriage is never an easy road to embark upon and it helps greatly to have someone supportive and sympathetic by their side.
With so many statistics flying around these days about how many marriages are likely to end up in divorce, Louisiana couples may already be reluctant to tie the knot. It is even more distressing to know that experts have identified a couple of factors that could increase the risk of a termination of marriage, including one's genetic disposition.
During a marriage, couples are likely to divide the daily chores between each other, including the responsibility of fulfilling financial obligations. When the couple divorces, this could mean one spouse is unaware of where they stand financially. And this could leave one party in worse shape than they expected to be in after the marriage ends. There are, however, a few steps that can be taken to avoid financial missteps.
When it comes to family law issues, it is not only the parents that encounter these. In some situations, grandparents might be faced with limited access to their grandchildren. Whether it is related to a pending or recently finalized divorce or not, grandparents should understand that they have rights afforded to them in these matters. There are three provisions under Louisiana's family law governing grandparents' rights. These laws have different purposes but also complicate compliance.
Regardless of whether a divorce takes an emotional toll on an individual, the truth of the matter is that it can lead to financial instability. This is especially true when one spouse was the primary wage-earner, or if that spouse's income is much larger than the other's. On account of this, a divorce can leave a lower or non-earning spouse facing a standard of living that is much less than that to which he or she has become accustomed. This is why many Louisianans choose to seek alimony, also known as spousal support, and aggressively fight for a fair share of marital property.
There's no question that divorce can take a toll on all individuals involved. Soon-to-be ex-spouses can face financial losses and experience anger and frustration at the process, and they may even see their time with their children limited. But children, too, are affected by divorce, and perhaps more so than we care to think.
Property division, child custody, and child support are some of the many family law issues that are often associated with divorce in Louisiana. While these matters are certainly prevalent in divorce cases, they can also arise in instances where splitting couples are not married. This is becoming more common, too, as many young couples are putting off marriage in hopes of finding financial stability first. Yet, without the legal boundaries established by a legal marriage, these couples can find themselves squabbling over really important issues since there is no clearly defined way to handle them.
Marriage dissolution can be an emotionally trying time. After all, spouses that have, in some instances, spent decades together have to untangle their shared lives, which can expose old and fresh wounds and threaten financial instability. The process can be even more heart-wrenching when children are involved. How a divorce involving children is handled may be crucial for the child's well-being for years to come.