If you choose to get divorced, there will be some arrangements made via the courts of law and one of these will be spousal maintenance.
This is when one of the partners, usually the one who is financially weaker, applies for regular payments from the other. Divorce solicitors in North Wales can assist with any issues that may arise during these sorts of applications.
A Spousal Maintenance Order is one that is imposed by the courts so the individual who earns the most money or who has the most assets is normally compelled to provide regular payments to the other to cover their living costs. Child maintenance may also be applied for at the same time.
There is no set amount for spousal maintenance, and this is usually calculated based on the income of the parties involved. The amounts involved could be based on the financial responsibilities of the individuals and on the earning potentials of both. If a court order is needed to determine the amount, full disclosure of individual finances will be required, and usually a judgement is made based on incomings and outgoings of each person.
There are many factors that could determine the final amount allocated, and solicitors can help with providing the necessary documents needed to make those decisions.
At Bennett Smith Solicitors, we can provide clear and up-to-date advice on a range of legal matters, so contact us now and book a meeting with one of our legal advisors.