In Georgia, judges have a lot of leeway when it comes to deciding alimony (spousal support) amounts. Ten judges could look at the same case and come away with 10 different payment amounts. Each case would have a well-reasoned explanation behind the award.
After six years, Mandy Moore and Ryan Adams have ended their marriage. They would have liked to do so earlier - they announced their separation well over a year ago - but could not agree on the terms of their divorce.
Georgia spouses may be interested in one way that their online behavior may have consequences in their relationship. Surveys are showing that as social media increases in popularity, its effect on marriage is starting to become more obvious.
In some cases, if a spouse hasn't worked long enough to claim their own benefits or if their spouse is entitled to greater benefits, they may want to claim their spouse's Social Security benefits. However, if a couple divorces, this may not always be possible. In some situations, however, there are exceptions.
Residents in Georgia may be surprised to hear that the national divorce statistics may not be on the rapid increase that have many grown to expect. Despite widespread public perception, recent studies suggest that the divorce rate is not as high as 50 percent and is not increasing as many have been led to believe. New statistics show that the high divorce rate realized during the late '70s and early '80s were more akin to outliers than long lasting trends.
Divorcing Georgia couples dividing up their financial assets may be able to learn from the experience of Hollywood actor Terrence Howard. Howard and his ex-wife are divorced, but he has told the court he cannot afford to pay her the $325,000 in spousal support stipulated in the divorce settlement. The reason, he said, is that all of the income he makes from his movies goes directly to his first wife to pay spousal and child support. After taking out the money, she then writes him a check, leaving him with less than $6,000 a month.
Infidelity is a common cause of divorce. If you or your spouse has decided to end your marriage due to cheating, you might be wondering how adultery affects the divorce process in Georgia. You may have heard, for example, that Liberty Ross and Rupert Sanders recently settled their divorce and Ross walked away with "guilt money."
People here in Georgia often associate alimony with an image of a wealthy man paying spousal support to his unemployed ex-wife. This traditional vision, however, is nothing but a stereotype. In fact, in many cases both the payer and payee of alimony work, but there is a substantial difference between their incomes or between their abilities to earn an income. Additionally, in this day and age, it is becoming more common for women to be the payers of alimony. According to the Pew Research Center, the woman is actually the higher income earner in about 37 percent of married couples with children.
As discussed in the previous post, divorcing couples should consider how the decisions they make today will impact their future financial security. In the last post, we discussed three areas that divorcing parties must understand: division of property, the definition of property, and assets. In this post we will present three more areas that should not be overlooked.
We live in an age in which divorce is an ever-common occurrence. However, with the end of marriage, many individuals also develop a sense of entitlement - an expectation that an ex spouse will continue to support them financially. Alimony (also called spousal support) is a financial payment that may be awarded to one spouse to help him or her maintain the style of living to which he or she has is accustomed to.