If you’re in the middle of a nasty divorce, you’ll need a lawyer with a proven track record of success. That Divorce lawyer is Lee Feinberg. Mr. Feinberg has been a licensed Divorce Lawyer and a Supreme Court Certified Family Law Mediator focusing on Dissolution of Marriage for over 30 years. Although divorce is the more commonly used term, Dissolution of Marriage is the appropriate legal term for those who no longer want to remain married. Whatever you call it, going through a divorce is never a simple process, especially if children are involved. This emotionally draining area of law may include alimony, child support, child custody (time-sharing), the division of assets and liabilities and many other services. When you’re dealing with this very complicated are of Family Law, it’s important to have the right attorney in your corner to make the process go smoothly. If you’re in need of an experienced lawyer to handle this life altering legal procedure, click here to contact Lee Feinberg now!
Divorce and Dissolution of Marriage
This is the legal term used in the State of Florida, and many other States, which is roughly the same as a divorce. There are certain issues you must consider when a party files for a dissolution of marriage. As a mediator and in mediation or in trying to manage the issues, one is the P.E.A.C.E method. “P” stands for time-sharing and parental responsibility, assuming there is a minor child involved in the matter. “E”, as discussed in another area, refers to dividing up the assets which are considered to be marital. Not all assets are marital and that is a very complicated topic. “A” references Alimony which could be paid by either party to the other party and there are some serious concerns. For instance, there can be a party who makes little-to -no income and needs financial assistance. Alimony may apply. However, since alimony is based on a need vs. an ability to pay, the Court must look at the ability of the other party to pay alimony. This is a serious issue which needs a professional opinion, “C” stands for child support. Why do you consider child support as the fourth item on the list.
This is the reason; a part of calculating child support includes the net monthly income of each party. Let’s say that we have a party who earns $5,000.00 net per month and the other party earning $2,000.00 net per month. The Court grants the lower income party $1,000.00 thereby giving the first party only $4,000.00 net after alimony and the other party, $3,000.00. Hence, as child support is based on net monthly income, child support could have been based on $5,000.00 vs. $2,000.00 or after alimony, the net monthly incomes could be $4,000.00 vs. $3,000.00. As mentioned earlier, this is a complicated issue. Finally, the “E” stands for anything else. As there are rather odd situations which can present themselves, this category is needing a longer conversation.