If you have never run across the word “manimony” before, be advised that this is the new nickname for the spousal support payments that an ex-wife pays to an ex-husband after a divorce. It could impact your life if you and your husband obtain a Florida divorce and you earn more than he does.
As Wife.org explains, only about 20 percent of men receive manimony awards today, but the trend continues to grow as women continue to work their way up the corporate ladder and also establish businesses of their own. It may surprise you to learn that 40 percent of today’s American households are supported by women, either solely or in a major way. In addition, over 2 million husbands assume the role of stay-home childcare provider while their wives bring home the only paycheck.
Courts always look closely at a couple’s financial situation whenever one spouse asks for spousal support payments from the other. In terms of manimony, the court likely will consider the following:
- How much disparity is there between your current salary and that of your husband?
- How much disparity is there between your earning potential and that of your husband?
- How much disparity, if any, is there between your educational level and that of your husband?
- Would your husband significantly increase his earning potential if he obtained additional education or training?
- How long have the two of you been married?
- How much has your husband contributed to the marriage over the years in ways other than financial?
If the judge orders you to pay manimony when you divorce, you likely will not have to make these payments for more than 10 years maximum. You can also expect cessation of your payments if your ex-husband remarries. If the judge awarded manimony based on your husband’s need for further education, your payments likely will cease when he finishes his prescribed course of studies. This is educational information only and not intended to provide legal advice.