Protecting Your Financial Future After Your Divorce
A divorce can have a significant impact on your financial future. In many divorce cases, a judge will order alimony, or spousal support, to help maintain financial stability for the spouse who earns less. Whether you need financial support after your divorce, or you are the supporting spouse facing an alimony petition, you need an experienced attorney to guide you through the process and protect your rights.
At the Law Offices of Amanda T. Adams PLLC, attorney Amanda Adams has over 15 years of experience practicing family law and helping clients resolve problems related to alimony during or after their divorce. With offices in Johnston, Iowa, and Crystal Lake, Illinois, Ms. Adams can assist clients in both states. She understands how overwhelming your divorce already is and will fight for your financial future.
Alimony Solutions That Are Right For You
Both Iowa and Illinois offer options for alimony or spousal support after a divorce. In Iowa, a court may award three different types of alimony based on the circumstances of the marriage. Traditional alimony is for marriages where one spouse worked and provided most of the family’s financial support. Rehabilitative alimony is awarded for a short duration and allows the supported spouse time to receive training and return to the workforce. Reimbursement alimony is awarded for marriages that only lasted a short amount of time and in which one spouse helped the other receive training or education for career purposes.
Illinois has four alimony types: temporary, fixed-term, reviewable and permanent. Temporary alimony provides support for living expenses while the divorce is pending. Fixed-term alimony allows the supported spouse to become financially stable, similar to rehabilitative alimony.
There is no direct formula to calculate alimony, but the court may consider multiple factors when determining an alimony award, including:
- The standard of living during the marriage
- The length of the marriage
- Health and ages of both parties
- Education level, training or earning potential of the petitioning spouse
As life and circumstances change, couples may petition to modify an alimony decision due to changes such as new employment or a remarriage.
Here For You During This Next Step
Amanda Adams understands how overwhelming it can be to look toward a financial future after a divorce. Whether you seek support or are in the supporting spouse, you have rights. Contact Ms. Adams today to schedule a free consultation by calling 515-639-3168 or completing an online contact form.