In a divorce in California, spousal support or alimony can be awarded. Alimony is intended to ensure that both parties can maintain a lifestyle similar to the one they enjoyed during the marriage. It is most often provided as a monthly payment from the high-earning spouse to the lower-earning spouse.
When drafting an alimony agreement, it should cover the amount and duration of alimony, the payment schedule, and any cost-of-living adjustments. This agreement will have a big impact on the finances of both parties so it is important to have an attorney on your side fighting to ensure you get a fair agreement.
