Getting Remarried in Jackson, MississippiIf you are getting remarried, congratulations. Getting married is a big step, but if this is your second marriage, you may be well aware of the financial and legal implications that getting married brings. For example, if you have children from a prior marriage, you may need to take legal steps to ensure that your wishes are honored when it comes to estate planning, because intestate laws may not necessarily divide your estate in accordance with your wishes. For example, under intestate laws, your future spouse and children may receive equal shares of your estate should you pass away. If you want a different arrangement, you may need to make plans before you get remarried. If you are receiving alimony from your former partner, getting remarried could also impact your alimony payments. For example, if you are receiving periodic alimony, remarriage could end your alimony payments. Finally, if you plan to have children with your future partner or if you plan to adopt, remarriage can also impact the amount of alimony you might be required to pay. One of the ways you can make clear your financial plans when entering a second marriage is to have a prenuptial agreement in place. A prenuptial agreement can address issues like which assets will be brought into the marriage by each partner, and what will happen to the marital estate should you ever get divorced. No one wants to think of divorce when they are getting married, but if you’ve been divorced before, a prenuptial agreement can offer you peace of mind and clarity when entering your second marriage. Malouf & Malouf, PLLC are family lawyers in Jackson, Mississippi who can assist you with drafting a prenuptial agreement and also with understanding how remarriage might impact you if you’ve been divorced. Remarriage and Alimony in Mississippi In Mississippi, there are two types of alimony. Lump sum alimony is a dollar amount that is typically paid in a single payment or split into several payments. Remarriage, cohabitation, and the death of either spouse will not affect lump sum alimony payments. Periodic alimony payments are payments of alimony made on a regular basis. If the receiving partner gets remarried or begins to cohabitate with another partner, he or she could lose alimony. If you are getting remarried and are currently receiving alimony, your remarriage could impact your continued alimony payments. If you rely on alimony payments to pay the bills, you may want to speak to a family law firm like Malouf & Malouf in Jackson, Mississippi. Remarriage and Child Support in Mississippi Remarriage can sometimes impact child support payments. While your future spouse will never be held liable for child support payments, there are situations that can arise with remarriage that can sometimes impact your child support. What are they?
- If your marriage puts you in a higher income bracket or if your marital income grows following your remarriage, you could be held liable for higher child support payments. Parents have a responsibility to support their children within their means. If your means grow, you may have a greater child support responsibility.
- You have children or adopt with your new spouse. If you have more children in your new marriage, you may be able to petition for lower child support amounts because you may have less money per child available for each additional child you have. You have the right to allocate money to your newborn and newly adopted child. Of course, having a child may not automatically change your child support payments, so it might be wise to speak to the family lawyer at Malouf & Malouf in Jackson, Mississippi today to learn more.
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