Divorced spouses may be aware that the spouse who earns a smaller income may be entitled to alimony from the other spouse. However, it is also important to note that the decision to award alimony lies solely at the discretion of the court and the court's decision is generally irreversible.
Even though the end of a marriage may be a stressful and overwhelming event, many individuals still consider remarriage to end stress and loneliness. A recent census report states that more Americans have remarried more than once, including residents of Little Rock, Arkansas.
Any Arkansas resident who has gone through divorce knows how painful it can be, even if the couple's assets were nothing out of the ordinary -- perhaps a house, cars, bank accounts and retirement plans. Now imagine the anger that might come with dividing millions of dollars in assets. Now, further imagine the deep resentments if that amount were multiplied again by thousands. This is the magnitude of the dispute between oil billionaire Harold Hamm and his ex-wife Sue Ann Arnall over his net worth and how much he might owe her, if she wins an alimony appeal.
Some residents of Pulaski, Arkansas, have gone through the pains of divorce and agree that a divorce emotionally and financially impacts all parties involved, including children. A divorce is usually followed by alimony, property division, child custody and child support. In order to have a secure financial future, it is important for spouses to first secure their interests.
When a couple from Arkansas, or elsewhere, decides to file for divorce, both spouses have to deal with a number of issues. While it is often said that child custody and alimony are the most important areas that a couple needs to address, it is never wise to ignore something as important as property division. After all, finances play a huge role in shaping the future of an Arkansas separated spouse.
A divorce can sometimes be a long, drawn out legal battle. However, a divorce does not always have to be a battle if spouses can rise above the fray with a little kindness. Legal separation may often lead to acrimony in a broken family, but having empathy may be beneficial to the process, especially for children of divorce.
Alimony, much like child support, is rarely static. An arrangement that made sense at the time of divorce may no longer be viable months or years later. Oftentimes, it is necessary for a modification - either raising or lowering the amount owed in monthly payments - or, in some cases, terminating the alimony arrangement altogether may prove necessary. When it comes time to attempt the modification or termination of an alimony arrangement, it is helpful for Arkansas residents to know what rights they have.
All divorce cases are unique. Some couples may stay together for decades before finally coming to the realization that their differences are irreconcilable; others may only stay together for months, quickly realizing that the marriage is not going to work. There are also the many components of divorce to consider. Child custody, child support, property division and alimony may or may not be factors in a divorce and the degrees of their importance vary in each case. This is why each divorce needs to be carefully considered with a full understanding of the couple's rights and the laws involved.
Some individuals may tire of hearing about celebrity divorces, but they can serve as powerful examples of legal battles in which any divorcing couple can become embroiled. Celebrities, just like every day average Arkansas residents, often must deal with property division, child custody, child support, visitation rights, and spousal support. The increased media attention paid to these high-profile divorces allows individuals who may not be familiar with divorce's legal issues to become familiar with the process.
A very interesting new study has come about, showing the rise of the prenuptial agreement in modern society. According to the survey of the American Academy of Matrimonial Lawyers, the participating members of the organization (family law attorneys) say that they have seen a dramatic 63 percent increase in the number of prenuptial agreements involved in their cases over the last three years.