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Hear this out loud PauseThe term 'Alimony' stands for maintaining and supporting a person who has no earnings in case of legal separation. Alimony is financial support that the court directs to the husband to pay his spouse after the divorce.
In a community property state like California, all assets acquired during the marriage are considered to be the property of both spouses. It doesn't matter who actually earned them. Thus, upon divorce, all marital assets (including retirement plan assets like a pension) should be split 50/50 between spouses.
Hear this out loud Pause?When a couple gets divorced by mutual consent, the decision on whether any alimony or maintenance is to be paid is a matter of consensus between them. In such cases, alimony or maintenance could be paid by either husband to the wife or vice versa.
Hear this out loud PauseGenerally, the wife cannot get more than 20-25% of her husband's income as alimony. In order to get this amount, the wife has to prove that she is not able to maintain herself. For the same, the wife can submit the details of her monthly expenses and sources of income & property (if any).
What is alimony? Alimony is financial support paid by one ex-spouse to the other after the marriage has legally ended. Alimony is also sometimes called spousal support. Temporary alimony (also called pendente lite alimony) can be granted while the divorce is in progress, to help until the divorce is final.