Frequently couples join together in a union that shares many financial similarities to a legal marriage, but for an assortment of reasons they do not legally wed. When a split up happens sometimes there are disputes over these financial arrangements.
That is where the idea of palimony was established most notably in an infamous California case, Marvin vs. Marvin. While laws in each state differ, many have been established to protect one or the other of the couples. Below are two descriptions of what palimony is and what it is not. Finally there are six suggestions addressing things you should take into account in the event you are already at a point where you’re considering palimony litigation.
What Palimony Is
Palimony is based on the idea that a partner …show more content…
These can even include an implied understanding between two partners that one would offer financial support for the other in the event of a breakup.
The ability of partners to support themselves after the breakup, can also be a mitigating factor considered by the court. Courts will especially address situations where one or the other has quit a job, or ended a career to help support their partner’s financial ambitions.
While child support of mutual children is not a consideration for palimony, situations where a partner has not worked to build a stable financial foundation because they took care of the other partner’s offspring is an important consideration.
In a similar context, the courts will frequently contemplate sacrifices made by a partner to support the other’s pursuit of an education, or career advancement. The courts will consider the financial magnitude of the sacrifice as it relates to status, or financial rewards obtained by partner in this career, yet monetary gain is not also the only criteria
That is where the idea of palimony was established most notably in an infamous California case, Marvin vs. Marvin. While laws in each state differ, many have been established to protect one or the other of the couples. Below are two descriptions of what palimony is and what it is not. Finally there are six suggestions addressing things you should take into account in the event you are already at a point where you’re considering palimony litigation.
What Palimony Is
Palimony is based on the idea that a partner …show more content…
These can even include an implied understanding between two partners that one would offer financial support for the other in the event of a breakup.
The ability of partners to support themselves after the breakup, can also be a mitigating factor considered by the court. Courts will especially address situations where one or the other has quit a job, or ended a career to help support their partner’s financial ambitions.
While child support of mutual children is not a consideration for palimony, situations where a partner has not worked to build a stable financial foundation because they took care of the other partner’s offspring is an important consideration.
In a similar context, the courts will frequently contemplate sacrifices made by a partner to support the other’s pursuit of an education, or career advancement. The courts will consider the financial magnitude of the sacrifice as it relates to status, or financial rewards obtained by partner in this career, yet monetary gain is not also the only criteria