Alimony payments are often established during a divorce settlement in situations where the spouses have vastly different levels of income. This spousal support allows the financially dependent spouse to maintain the lifestyle that he or she became accustomed to during the marriage, giving the individual time to regain his or her financial footing after the separation. There are several types of alimony payments, but any of these may require modifications over time due to the changing financial situations of the parties involved.
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When courts determine alimony, they consider a variety of factors, including the financial statuses of both parties, their potential job opportunities, their health conditions, and more. However, these factors can change over time, potentially making the alimony agreement outdated and a source of stress for either party. Fortunately, you do have the option to modify these arrangements, and at BB Law Group PLLC, our knowledgeable legal team can help with either of the following:
Whether you are the paying individual or the alimony recipient, it is important to understand your legal rights and options when it comes to modifying alimony agreements. A skilled lawyer can help you represent your changing needs to the court so that you can secure the modification that best suits your situation.
If you or someone you know is facing significant changes that may affect an existing alimony agreement, you may need legal assistance in adapting the spousal support arrangement. Contact an experienced alimony attorney of BB Law Group PLLC today at (832) 534-2589 to discuss your situation and learn more about the process of modifying alimony.