Everything You Need to Know to Negotiate Alimony
If the statistics are accurate, chances are pretty good that many of us will find ourselves engaged in alimony negotiations at some point. In Western cultures, more than 90 percent of people marry by age 50, according to the American Psychological Association. And in the United States, 40 to 50 percent of married couples ultimately divorce.
Negotiating alimony (otherwise known as spousal support or maintenance), as part of a divorce can be stressful, overwhelming, and fraught with emotion for both parties involved. Here are a few important points to keep in mind when it comes to alimony settlements, as well as tips to help you arrive at an alimony figure that makes sense—and enter negotiations well-informed.