Modifying Alimony Agreements
Alimony, or spousal support, is often utilized in divorce cases in which one spouse makes significantly more money than the other. Alimony payments may be paid to the spouse who draws less income during the divorce process or even after the divorce is finalized, making it necessary to establish these payment amounts early in the divorce agreement. However, sometimes alimony needs can change over time, potentially making it necessary to modify the original alimony agreement.
Reasons for Modification
Because alimony payments are based on the financial and legal statuses of both ex-spouses, either party can request a modification to their existing agreement. For example, the courts may grant a change in alimony payments due to the following factors:
- Paying individual sees a decrease in income
- Receiving individual sees significant increase in income
- Receiving spouse remarries
Whether you are the paying individual or the person receiving alimony, you need an experienced lawyer on your side when you are facing potential alimony agreement modifications. We can help you protect your rights and interests so that you are treated fairly by the courts.
Alimony can be a confusing topic as it is based on so many different factors, but a knowledgeable legal advisor can help you understand your options when moving forward with your divorce. If you are discussing alimony payments in your divorce, talk with a dedicated attorney from the BB Law Group PLLC, today. You can contact our offices at (832) 534-2589 to discuss your situation and any alimony questions or concerns you may have.