Was alimony awarded in your divorce? Then keep track of it | Veazey Felder & Renegar LLC
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Was alimony awarded in your divorce? Then keep track of it

When it comes to divorce, there are a lot of contentious issues that can cause former spouses to argue and debate. One such issue is spousal support, which is also often called alimony. Spousal support is awarded in some, but not all, divorce cases. It sees one of the spouses pay the other spouse on either a temporary or indefinite basis so that the post-divorce life of the spouses are roughly fair in the eyes of a judge. Remember, though, "fair" in this context doesn't mean "equal."

Since spousal support sees money changing hands between two people who may not be getting along in the wake of a divorce, it isn't unheard of for litigation to occur as a result of spousal support. There could be a dispute over late payments or inadequate payments, for example.

This is why it is so critical for both spouses in an alimony arrangement to keep track of the payments with detailed records. Paying by check is preferable, as the paying spouse can then have carbon copies of the check he or she writes. The account number, bank, check amount, check date, address used, and check number are all critical pieces of information to record. If checks aren't used for the transaction, then both spouses should create a receipt that they both sign.

Carefully tracking your alimony payments can help you in case any litigation is launched in the months and years that follow your completed divorce.

Source: FindLaw, "Alimony Guidelines: What Records to Keep Regarding Your Alimony," Accessed June 22, 2017

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