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Will spousal support help my finances after divorce?

You want a secure financial future, which might be one of the reasons you feel unsure about ending your marriage. If your spouse earns significantly more than you or if you stayed at home to care for children or a sick relative, your future earning potential might not be enough to support yourself in the period of time immediately following a divorce. Spousal support could be the key to maintaining your sense of financial security.

Alimony -- commonly referred to as spousal support in Ohio -- involves one person making regular support payments to an ex-spouse. However, the details of that support will vary depending on the couple and their marriage. When figuring out spousal support, some of the following factors might be taken into account:

  • Length of the marriage
  • Each spouse's income
  • Future earning potential
  • Job training or additional education
  • Each spouse's age

This is far from an exhaustive list. Even how you divide your marital assets or how much you have saved away for retirement can end up influencing how much spousal support you are entitled to. In fact, in Ohio the court can take any factor it thinks is relevant into consideration when making a decision about spousal support.

Spousal support can help ensure a steady financial future after divorce. However, simply knowing that spousal support exists is not a reason to take a relaxed approach to this matter. Securing a sufficient amount of monthly support is essential for your future, so be sure you understand the details and consider speaking with an experienced attorney for more information.

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