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Alimony: not just for women

A man who is receiving alimony said it best: "If you brought value into the relationship, you should be able to take that value out of it." This has been the long-standing motto for women who give up their careers to take care of their children while the husband works. But does it work the same for men?

Well, in all fairness, it should. According to statistics, of the 400,000 people who got alimony payments in 2010, 3 percent were men. And considering the fact that almost half of the American Academy of Matrimonial Lawyers members surveyed last year saw an increase in the number of men receiving alimony, it wouldn't be a stretch to say that percentage is likely growing.

There is, of course, a stigma that comes with receiving alimony, which causes some men to back away from the idea even if they need the funds to get on their feet after divorce.  A lawyer can help an individual crunch the numbers in order to realize just how important alimony payments may be to their financial wellbeing.

This gender equality, when it comes to spousal support, goes all the way back to 1979, when the Supreme Court ruled that there’s no place for gender bias in regards to alimony. Now, 35 years later, that ruling seems even more important considering how roles are changing within families. It makes sense that a shift in who is bringing in the money would lead to a shift in who is asking for alimony.

Source: Reuters, “More men get alimony from their ex-wives,” Geoff Williams, Dec. 24, 2013

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