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Which of the following is a factor in setting alimony?

The amount of marital property that was awarded to each spouse by the court

The relative degree of fault of each spouse in causing the divorce

Both of the above are factors

None of the above are factors

The amount of marital property that was awarded to each spouse by the court. Fault is generally not a factor.

Which of the following is NOT a factor in setting alimony?

The length of the marriage

The standard of living the couple would have achieved had the marriage continued

The lost income producing capacity of either spouse

All the above are factors in setting alimony

The standard of living the couple would have achieved had the marriage continued. This is not a factor; the standard of living actually attained during the marriage is important.

Marital property includes assets you brought into the marriage.

True

False

False. This is separate property.

Child support guidelines are set by federal law and are uniform throughout the country.

True

False

False. Child support guidelines vary widely by state.

Which of the following is true regarding alimony negotiations?

It is often wise to seek the services of a financial planner in making financial projections and calculations.

Alimony recipients should keep in mind that they will likely become ineligible to collect state unemployment benefits.

Alimony is determined primarily by reference to factors provided by state law, so the parties have little flexibility in their negotiations.

It is often wise to seek the services of a financial planner in making financial projections and calculations. Very often, attorneys lack the necessary financial expertise.