A review of both income and living expense is a major consideration for spousal support. Your mediator will review the New Mexico Statute on spousal support help you assess whether it is applicable to your situation, including rehabilitative, transitional and indefinite support. Recent, nonbinding guidelines for alimony from the New Mexico Supreme Court will be considered as one source of information about the applicability of spousal support, along with an analysis of your income and expenses now and in the future.
If requested, the mediator will complete a FinPlan Divorce Planner™ tax analysis of support options so that you have an accurate picture of your after-tax income and ability to meet expenses now and in the future. This will help you identify possible tax savings from the use of spousal support when a disparity in income exists between spouses, as well as identifying other tax issues regarding deductions and credits that may benefit one spouse more than the other.
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