In this agreement, a former husband agrees to continue paying spousal support for another year due to a change in his former wife's financial circumstances.
Georgia Agreement to Continue Payment of Monthly Spousal Support
Category:
State:
Multi-State
Control #:
US-01446BG
Format:
Word;
Rich Text
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How to fill out Agreement To Continue Payment Of Monthly Spousal Support?
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FAQ
Georgia is an ?equitable distribution state,? meaning all assets, finances, debts, properties, and others will not be divided in a 50/50 split ? they will be equitably distributed by a judge based on the contributions made by both parties.
The Divorce Code of 1980 provides that the court may allow alimony to either party "only if it finds that alimony is necessary." Under Georgia law, married people are financially responsible for each other - the husband has a duty to support his wife, and the wife has a duty to support her husband.
Types of Alimony in GA - Permanent, Lump Sum, Rehabilitative, Periodic.
Alimony is calculated by the courts, based on the income of both spouses. However, there are often extenuating circumstances that are also considered. These can include issues such as marital fault and standard of living.
In Georgia, it is very rare for alimony to last for life. Alimony payments are typically made monthly for a set number of years. When determining the length of alimony, the court will consider how long the marriage lasted. For example, a 30 year marriage is likely to result in alimony payments for several years.
Termination or Modification of Alimony in Georgia It is possible for either of the spouse to terminate or modify the alimony by filing a motion asking the court to end or modify the alimony. This can be done when a receiving spouse ends up earning more than the paying spouse.
The duration of support payments varies. It may be time based such as 1/3 the length of the marriage, or based on the amount of time it may take the receiving spouse to develop an income stream.
If you are receiving spousal support payments and you remarry, your new marriage may affect your eligibility for spousal support. In Georgia, remarriage typically terminates spousal support payments unless otherwise specified in the divorce decree.