For couples who are contemplating divorce or the dissolution of their partnership, planning for their financial security is a key concern.
In this ‘Is it legal to…’ we explore what spousal maintenance is and what it means for separating couples.
Yes! Spousal maintenance will always be considered within any financial settlement during divorce proceedings.
Spousal maintenance is a monthly payment made by a spouse or civil partner to the other. Spousal maintenance can also be paid (capitalised) as a one-off capital payment.
There is no set calculation. Whether maintenance is payable will depend on a number of factors including:
Spousal maintenance can be incorporated into a final financial order within divorce proceedings.
So, does that mean spousal maintenance can end?
Yes, there is a possibility that spousal maintenance will come to an end. The most common reasons are:
If you are considering divorce or dissolving your civil partnership, our experienced Family Law team can provide expert advice and support. Please contact us on 01603 620508 or complete our online enquiry form below.
Find out more about our Family Law team by following this link.
This article was produced on the 24th April 2024 by our Family & Mediation team for information purposes only and should not be construed or relied upon as specific legal advice.