Alimony: A Safety Net in Divorce

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Alimony: A Safety Net in Divorce
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Alimony, often awarded during divorce proceedings, aims to bridge the financial gap between spouses after separation. It is typically granted when there is a significant difference in earnings and can significantly impact the life of the recipient, especially if they relied on their partner financially during the marriage. While alimony was traditionally seen as a primarily female-recipient benefit, evolving gender roles and increasing female earning power are leading to a shift in the trend, with more women paying alimony.

“The party who makes significantly more is the person who mainly supports the household. Once the parties separate, you’re usually taking 1 income supporting 1 family to 1 income supporting 2 households. It’s hard for both parties. Hard for the payor, who would otherwise have to figure out how to live without that extra income and hard for the person receiving it, because they now have to figure out how to survive on only a little bit of money.

Even though alimony was ruled gender-neutral in 1979, more women than men receive spousal support. In 2010, it was reported that 12,000 men received alimony compared to 380,000 women. However, due to evolving gender roles, the trend is changing, and the number of women paying alimony is slowly increasing. From 2000 to 2010, it was noticed that the number of men receiving alimony grew by 0.5%.

The alimony length can also vary due to the court’s decision. On top of that, it can be susceptible to change if either party’s financial circumstances shift. The agreement can be terminated as well if the receiver starts cohabitating with someone or remarries. From Bins To Biscuits, Here Are 40 Times People Caught The UK Being Unapologetically British "Won't Need A Fork": Cynthia Erivo & Ariana Grande Go Wicked With Their Golden Globes Outfits“Your Marriage Is Over”: Woman Doesn’t Know How To Come Back From Husband’s Stunt On ChristmasKaren Thinks She Can Park In People’s Driveways As She Pleases, Learns A $5,000 Lesson50 Interesting Medical Cases That Might Make You Appreciate The Human Body “That Was A Mistake”: 50 Things People...

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