Iowa Divorce Alimony
The Iowa divorce alimony is awarded to a spouse in order to balance the financial resource available with him or her to that with the other spouse. If it is found that one of the spouses is not able to lead the same standard of life that he or she used to lead before divorce, alimony can be declared by the court. Payment of alimony is declared by the court not as a punishment but as a support to cope up with post divorce financial crisis. Though the awarding of the alimony entirely depends upon the judgment of the court, but the decision of rewarding alimony is mainly based on certain factors or guidelines that are mentioned in Iowa Code of Sections 598.21, 598.22 and 598.32.
The following are the determinants that influence the decision of granting alimony to the spouse who is really in need of the sum of money to meet up his or her expenses.
Apart from the above mentioned factors there are also other minor ones that can influence a judge while making a decision of ordering alimony. Before, heading from divorce and contesting for alimony, you should consult a lawyer in order to be aware of all the intricacies of Iowa divorce alimony.
- While determining the sum of money to be awarded by the court the marriage duration is considered by the court. The longer the divorce lasts the greater is the possibility of granting greater amount of money.
- The age and health of the alimony seeking spouse is also taken under consideration by the court. If the spouse who is financially not strong enough to support oneself and even has passed the age of getting a fresh new job of good remuneration, or is found to be physically not fit enough to generate income, the court may grant alimony to the spouse under such circumstances.
- Apart from employment skills, the possession of the property assets of the alimony seeking spouse is also taken into account. The distribution of non financial property estates and assets among the divorced partners is also a factor to determine sanction of Iowa divorce alimony.
- The educational backgrounds of both the parties are also important to decide whether the alimony is to be granted or not. The sum of alimony is also determined by taking a note on the income capacity of the spouse who is asking for a hefty sum of alimony.
- The tax repercussions on the income generated by both the couples are also a factor to be considered.
- The court also verifies whether there is any sort of legal agreement done in-between the couple regarding monetary support and financial settlement.
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