When you’re in the middle of a divorce, one topic might be coming up that you’re concerned about: income and funds. For those who don’t or can’t work outside the home, getting a divorce comes with the added stress of supporting yourself financially.
If you’re worried about how you’ll pay for your health and upkeep, you might be thinking about alimony. But how does alimony work in Wisconsin? You need answers before you seek out these funds.
While your alimony, or spousal support, can help you recover after a divorce, it can be tough to seek alimony without help. Reach out for help if you’re struggling with your divorce and are worried you can’t afford to leave your spouse.
When you seek a divorce, you and your spouse may not be on even financial ground. You may have been a stay-at-home parent, or you may be completely unable to work because of your physical or mental health. You may have relied on your spouse for financial support, and now, that support is on the line.
If your divorce may mean losing the quality of life you originally had, you may be eligible for alimony. These funds should help cover your expenses when you don't have the money you need to live on. This amount may also cover the costs to get you the education and training you need to join or rejoin the workforce. Your Wisconsin alimony attorney can help you seek alimony that covers your needs.
While you may need alimony now, that support may not last forever. The amount you receive will depend on whether you're able to work, for example, and it can be affected by your future actions.
For example, if you’re able to work from a health standpoint, your alimony may cover the costs for education or training so you can seek employment. Once you get a job, though, your support might end.
Even if you're unable to work, your actions or your former spouse's actions can affect the future. If you remarry, you may be able to instead rely on your new spouse's income, and your ex may petition to end your payments. Or, if they lose their job and can no longer make their payments, they may petition to lower or end your spousal maintenance. These are just a few examples.
When you’re seeking out a divorce, you don’t want to focus on how you’ll have the funds to survive. You want to focus on your recovery from your former relationship. Alimony can make that easier, but you may not know how alimony even works in Wisconsin.
At Karp & Iancu, S.C., we know that your alimony can make a huge difference in your future. We want you to have the funds you need to face the financial consequences of a divorce, so we’ll start with a consultation about your divorce and what your alimony may include.
If you’re worried about your alimony and you want to protect your chances for a financial recovery, reach out for help by contacting a Milwaukee divorce lawyer by calling 414-453-0800 or by visiting our website for more information.
