In most cases, spousal maintenance is awarded for a set period of time, usually a number of years, and tying it to something like your children moving out may be appropriate.
The important thing is not to confuse spousal maintenance with child support, which the non-custodial spouse is required to pay in every case, and which is a different consideration entirely.
For instance, child support payments are neither taxable income to the recipient, nor tax deductible by the payor.
Spousal maintenance, on the other hand, is a write off for the payor and is taxable income for the recipient.
It can be structured in a number of ways, and it’s important that you understand all the options, and their ramifications, when developing a spousal maintenance plan.
The attorneys at Friedman & Ranzenhofer can help you have everything you need to move on after a divorce.
Call us today at 585-484-7432 and talk to a Rochester divorce attorney for free.