Alimony is a highly contentious issue in many divorces. In Nevada, family courts will examine numerous factors when determining how much should be awarded and how these payments are to be made. Moreover, even once alimony is awarded, it is possible for either party to have the amount modified if financial circumstances change. Continue reading to find out more about how alimony is determined in a divorce.
Alimony and Divorce
In Nevada, there are a few different types of alimony that may be awarded. For example, in some cases, alimony may only last throughout the duration of divorce proceedings and end once the process is finalized. Alimony may also be awarded to help a spouse obtain education or training for a new occupation.
Below is a list of some of the factors a judge will consider when determining alimony in a Nevada divorce:
- Each spouse’s financial condition
- The length of the marriage
- The value of property owned by each party
- The earning capacity, income, health, and age of both spouses
- The contribution each spouse made to the marriage’s community property
- The standard of living the couple had during the marriage
- The contribution either spouse made as a homemaker
- Specialized training, education, or marketable skills obtained by either party during the marriage
- Property and assets granted by the judge to either spouse in the divorce
- The mental and physical condition of each spouse
- Any other factors a judge may consider relevant
Alimony may also be awarded in specified sporadic payment or as a single lump-sum payment. Although monthly payments are the most common, family courts can wield a considerable amount of discretion when it comes to determining a payment schedule.
If the receiving spouse gets remarried, alimony payments will likely be terminated unless otherwise stated in a prenuptial agreement.
Discuss the Details of Your Divorce Case with an Experienced Family Law Attorney Today!
If you are ending your marriage and pursuing alimony, a knowledgeable divorce attorney can help you navigate the process. At Ford & Friedman, our family law team will guide you through your divorce and help you achieve the best results possible for your case. We understand the importance of alimony and will fight tirelessly on your behalf for a fair outcome.
Reach out to our law office today at (702) 904-9898 to set up a case evaluation with one of our skilled divorce attorneys to learn more about what we can do to assist you.