Calculating Alimony in Wisconsin
When you choose to divorce your spouse, you might be concerned about the way your property and your income will be split. While more couples are both choosing to work, not every relationship is so balanced. You or your spouse may not have a job, whether that’s for childcare purposes, homemaking, or an inability to work.
That means you’ll need to know more than how your property will be split. You’ll also need to know more about calculating alimony in Wisconsin. Fortunately, the lawyers at Karp & Iancu, SC can help you calculate the proper amount of alimony, or spousal maintenance, you or your spouse may be expected to pay. If you’re struggling to calculate it, legal guidance can help you.
Calculating Spousal Maintenance
While some states have specific rules for calculating alimony costs, Wisconsin isn’t one of them. Instead, your alimony will be decided based on your unique case, not on a specific formula. That makes it even more difficult for you to calculate your payments without a lawyer who understands Wisconsin law.
Typically, your alimony will be decided based on the assets and wealth available to the lower-income spouse at the time of the divorce. For example, any of the following could be considered for your alimony:
- The length of the marriage
- Your education levels
- Any background or training
- Years away from the workforce
- Physical and mental capacity to work
Using these factors, among others, the court will decide the amount that should be paid in alimony, as well as how long those payments will last. Your lawyer can use their resources to help you find how much you can expect from your Wisconsin alimony payments.
Your Payments May Change
If your situation changes, keep in mind that your alimony can change, too. You or your spouse could go through a major life change, like a job loss, so you may need to recalculate your Wisconsin alimony at that time.
If your situation changes and you need your alimony to be reconsidered, seek out a lawyer who can help you modify your case. You’ll need to sign the right papers and provide evidence that your living situation has changed substantially.
Unfortunately, you might not be sure how much that alimony should change, or whether the court will decide that the change is significant enough to justify modifying it. In these cases, you may need legal help to find your alimony’s worth now and to get it changed.
Calculate Alimony with a Wisconsin Attorney’s Help
When you could be held responsible paying for your spouse’s alimony, or when you need alimony, you need to know what to expect. Alimony in Wisconsin can be complex, making it difficult to determine what’s fair for you and your former spouse.
Fortunately, your lawyer from Karp & Iancu, SC can help you when it comes to calculating alimony in Wisconsin. We’ll review your case and help you determine the alimony payments you may need to pay or receive. That way, you know what to expect before you enter the courtroom.
If you’re struggling with your case, reach out for a consultation. We’ll discuss your options before your alimony is decided, so you know what to expect from your case. When you’re ready to begin, reaching out to us is simple. Just reach out by calling 414-453-0800 or by filling out our online form below.