41
Is spousal maintenance to help cover daily costs by making a payment to increase that person's income yo a level they can cover their bills and food etc
Finances
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Spousal calculation
Replies (1)
Hi Richard,
Thank you for getting in touch with amicable.
Spousal maintenance is a payment made by either a husband or wife to their former partner when they divorce or dissolve their civil partnership. It is a specific sum of money paid (usually monthly) for a specified period. Spousal maintenance is different to child maintenance and is only paid if one person cannot support themselves after the divorce or dissolution of the civil partnership. It is paid by the person in a stronger financial position to the person in a weaker financial position. Today, the courts see this as a short-term payment which can last for a few months or a few years.
There is no defined formula for calculating spousal maintenance. In general terms, it will depend on how much you’ll need to live on (relative to your circumstances), how much income the receiver already has and how much the receiver could earn in the future.
For more information, please read our blog on spousal maintenance or book a free 15-minute consultation with one of our Divorce Specialists.
Wishing you all the best,
Tatiana form amicable