The decision to become a stay-at-home parent is a big one for many couples, and often a very good one for the family. What a couple gives up in income is often made up in savings on day care costs, more time with children, a more kept-up household, and so on. For a spouse who takes on this role, however, there is also a risk if the marriage fails.
We have written frequently on our St. Louis fathers' rights divorce blog about how dads often end up on the short end of the stick when it comes to fair treatment in a divorce. While not all divorce cases are created equal, there is some evidence that the tide may be turning when it comes to more equitable application of spousal support.
Spousal support, also known as alimony, is a point of contention in many St. Louis divorce cases. Spousal support matters can be particularly complicated because Missouri law does not provide specific guidelines for determining spousal support rights or obligations. This means that courts have broad discretion to either award or not award alimony.
In our last post we brought up some of the stereotypes men face when going through a divorce and the importance of being financially prepared to not only go through the divorce, but live life afterwards within a new budget. In this post we are going to look at alimony in terms of men paying to ex-wives and men receiving payments from ex-wives.
While most tend to think that it is only women who are awarded spousal support in a divorce, the truth is that many more men are also starting to be awarded support from their ex-wives. This is due to the fact that more women are becoming the family breadwinners. More men are also staying home to raise the kids.
It used to be that husbands always out-earned their wives. Many times, these husbands went to work while the wives stayed home, raised the children and ran the household. Due to this arrangement, when there was a divorce, it was the man who would be paying his ex-wife alimony. The idea was that this money was due to the fact that the woman had sacrificed her own earning potential to maximize that of her husband's.