standard of living Archives > Ferraro Law Group, PL

standard of living

What Is My Standard Of Living?

coins and billIn law there are certain phrases and buzz words that lawyers and Judges frequently use. In family law cases with minor children you often hear the goal of the judicial system is to decide issues that result in what is in the best interest of the children. When seeking spousal support, it is often said that the award should be one that allows the party to maintain the standard of living to which they’ve become accustomed. But what exactly does this mean, and why is it important?

 

A Huffington News Report offers insight on the standard of living concept and why it should not be overlooked:

 

● Determining the lifestyle or standard of living to which a party seeking support is used to lays the groundwork for future modifications. It is difficult for… Continue reading