How To Negotiate A Fair Alimony Settlement
Alimony is often one of the most contentious aspects of any divorce case. Even if your divorce started off amicably, the idea of monthly or yearly payments being made is not something most people want to think about. Likewise, if you need alimony but your spouse is aggressively fighting against it, you could face months or years of financial instability. Regardless of whether you are requesting alimony or want to defend against arguments that you pay it, below are some tips that can help you negotiate a fair settlement.
Gather Financial Documentation
If your spouse does not want to pay a fair amount for alimony, or is asking for an unreasonable amount, they may not come forward with an honest assessment of their assets. For this reason, it is important to collect documentation for any assets you and your spouse shared during your marriage. While separate assets are not usually focused on as much, showing that your spouse has many non-marital assets may indicate that they can pay more in alimony, or that they do not need alimony payments.
While your spouse may not be honest about their assets, it is essential that you are never dishonest about yours. Not only will being dishonest hurt your chances for a fair settlement, but it can also result in criminal charges.
Document Your Post-Divorce Budget
Your budget post-divorce will be vastly different than your budget during marriage. It is important to document your budget not only so that you can live comfortably once the divorce is final, but it can also strengthen your argument for alimony.
For example, if you are going back to school to further your career, you will need more financial support than someone that is already well-established in their career. In this case, it will also strengthen your argument if you stayed at home to raise the children and take care of the home while your spouse took steps to further their career. Likewise, if your post-divorce budget will barely cover your daily expenses, that can prove that you cannot afford alimony payments.
Keep Your Emotions Out of It
The divorce process is extremely emotional but when trying to reach a settlement regarding alimony, it is important to keep your emotions out of it, just like any other part of the process. If you can keep your emotions in check, it is more likely that you will remain reasonable and therefore, secure an alimony settlement that is fair.
Work with a Family Lawyer in Orlando
If you are going through a divorce and want to reach a fair alimony agreement, our Orlando family lawyers at O’Mara Law Group are here to help. We know how to defend against unfair requests for alimony, and we can also help you obtain the full amount of alimony you need. Call us today at 407-634-6604 or fill out our online form to schedule a consultation and to learn more about how we can help.