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.
Iowa Agreement to Continue Payment of Monthly Spousal Support
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Multi-State
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US-01446BG
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Word;
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How to fill out Agreement To Continue Payment Of Monthly Spousal Support?
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FAQ
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.
Iowa Code section 598.21. Spousal support, which you may have heard called alimony, can be granted to either spouse. The court can order support for either a specific time period or an indefinite time period.
POINTS AND AUTHORITY Section 598.19 of the Iowa Code allows the Court to waive the 90 day waiting period if the request is supported by an affidavit setting forth grounds of emergency or necessity and facts that satisfy the Court that immediate action is warranted to protect the rights or interests of any party or ...
In Iowa, alimony is determined based on various factors, including the length of the marriage, contributions made by each party during their union, each person's earning capacity, their respective financial needs, and the standard of living established during the marriage.
The court will determine how long you or the other party will receive alimony. If you have been married for 20 years or longer, there is no limit to how long you can receive alimony. However, if you were married for less than 20 years, you cannot collect alimony for more than 50% of the length of the marriage.
Spousal support in Iowa can end if the Court sets a finite period of time to receive the spousal support and that time ends, or by agreement of the parties, or Court order (usually retirement of the paying spouse, either party dies, or the receiving spouse remarries).
The judge ruling on your divorce will set the term for spousal support with the duration varying in each case. Some traditional alimony is calculated following the formula of awarding one year of alimony for every three years of marriage.