Alimony and Spousal Maintenance Attorney in Southfield, Michigan

What is your approach in negotiating spousal support matters?

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00:00
[Music]
00:04
when you’re negotiating spousal support
00:06
you really have to understand
00:08
how the client is going to be living
00:10
after
00:11
the case is over you don’t want a client
00:14
house poor such that all of the property
00:17
they received in the
00:19
in the divorce is tied up in illiquid
00:22
items they have to be liquid in order
00:24
for this to make sense
00:26
if after you put together a sensible
00:30
division of property that someone can
00:32
manage
00:33
and put apply their earnings to the debt
00:36
structure associated with those assets
00:38
and you still have gaps then in those
00:41
circumstances i go back to the other
00:43
side and i say we need spousal support
00:45
we need it for a significant period of
00:47
time at this rate
00:49
it used to be much easier in the old
00:51
days because there was a tax incentive
00:53
a high net worth guy could pay or a high
00:56
earner could pay
00:57
spousal support at his tax rate and the
01:00
receiving spouse could receive it at a
01:02
much lower tax rate
01:04
with the delta being absorbed by uncle
01:07
sam
01:07
that’s not the case anymore now it’s
01:10
a there is no tax advantage it makes it
01:13
much tougher
01:14
to negotiate for spousal support that’s
01:17
why i want to see
01:18
everything else in place before we
01:20
address it
01:28
you

Southfield, MI family lawyer David Binkley talks about his approach in negotiating spousal support matters.

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