Yes, even if you're broke
adds, “It can be very difficult for someone to accept to pay for spousal support when they feel like they've already been taking care of everything."Every state has different rules. For example, in New York, those married between for up to 15 years can expect support to last for 15-30% of the length of the marriage. In California, for a marriage that lasted less than 10 years, alimony will generally last half the marriage.
For marriages longer than a decade in California, things are a little different. “Over 10 years, there is no official end date,” says divorce attorney. “Parties can come back and try to modify, but there’s nothing set in stone. In some cases, you may be required to pay for the rest of their life.” As each state is different, seek out appropriate legal advice.Previously, alimony was tax-deductible for the payer. However, in 2017, former President Trump changed it to be tax-free for the recipient.
Discussing financial roles and responsibilities before getting married may even lower your chances of divorce. A 2017 report bywere twice as likely to discuss their finances and money dreams together. “When you go through the prenup process, you have to have those conversations and that will benefit your marriage,” Rubenstein adds.
Additionally, Graves advises couples, especially women in heterosexual relationships, to not fall victim to the pre-wedding euphoria. “One of the biggest misconceptions I hear a lot from women is," she says. “But when things go south and he talks to an attorney and learns how much he can possibly get, it’s definitely on the table. Women have to stop believing that just because their spouse is a man, he’s not going to ask for alimony.
It’s important to note that your prenuptial agreement is made to suit you and doesn’t need to include spousal support. “Waive alimony if you don’t want to pay it,” says Chang Rickert. “Always be self-sufficient—and try to marry someone self-sufficient, too.”
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