FAQ About Divorce Issues

Divorces that involve alimony or where there is a business involved usually require the help of a legal professional who understands the complexities of these cases.

Business valuation is a niche area that not all family law attorneys understand or are comfortable handling.

At Stampfle Law Firm, I attorney Ryan Stampfle, have been helping couples find viable solutions to their divorce issues—including alimony and business valuation— for over 15 years.

You may be unsure of your next step or need to have a question or questions answered. I welcome phone calls and offer a free initial consultation to assess your situation, answer these questions and tell you how I can help. Call 843-353-6152.

Here are some commonly asked questions about property and debt division, business valuation and alimony.

1. How is alimony determined? There are 13 factors that can influence how alimony is determined. Because the final decision rests with the judge there is no hard and fast table or chart that shows how alimony will be awarded. Several of those factors are need, fault, length of the marriage, income levels, who has custody and what types of education or training either spouse may need to be employable. Speak with attorney Ryan Stampfle to find out what may be the contributing factors in your specific case.

2. How long will I have to pay alimony? The answer depends on what type of alimony you are required to pay. There are five types:

  1. Periodic alimony. This is commonly monthly over a period of time. It can end if one spouse remarries or lives with a new partner for more than 90 days.
  2. Lump sum alimony.This is court-determined. It may be paid all at once or in installments. This only end if one spouse dies.
  3. Rehabilitative alimony. When one spouse needs to attend school or a training program in order to improve job skills. This is usually paid in installments. This can end if one spouse remarries or lives with a new partner for more than 90 days. Other events can cause this type of payment to end.
  4. Reimbursement alimony. If one spouse worked so that the other could go to school the court could award the spouse that went to school to repay some of that cost to the other spouse. This ends when it is paid in full or if one spouse marries lives with a new partner for more than 90 days.
  5. Separate maintenance and support. If you are not getting divorced but are no longer living together you may pay or receive this type of support. This can also end if the spouse receiving the support marries or lives with a new partner for 90 days or more.

4. Can alimony be modified? Except for the lump sum alimony all awards may be modified. It is recommended that you work with an attorney when seeking a modification.

5. Is a business always a marital asset? No. If a business was acquired before the marriage and had no joint assets involved it could be non-marital property. However, each case is different. Co-mingling of funds, support and transmutation can all play a role in this determination. An attorney can help you determine whether or not a business or other assets are joint or non-marital.

6. How can I be sure that a business is accurately valuated? Not all family law attorneys have experience in business valuation. Work with an attorney who has this experience and who utilizes experts. These experts may include forensic accountants, certified public accountants, fraud professionals and even private investigators.

7. What do forensic accountants do? Forensic accountants are professional auditors or accountants or investigators who look deeper into situations where there may be fraudulent activity. Forensic accountants are often hired by family law attorneys to accurately identify assets and/ or the value of a company or business in a divorce situation. Their findings are admissible in court.

Call Now To Get All of Your Questions Answered

To schedule a free consultation, please call me, attorney Ryan Stampfle at my Myrtle Beach office at 843-353-6152, or email me and I will respond promptly — usually the same day.