How does a judge decide how much alimony, if any, is paid?
The Mississippi Supreme Court in the case of Parsons v. Parsons, 678 So.2d 701, set forth the factors that a Chancellor should consider in determining the issue of the amount of alimony. The Court provided: The factors to be considered by the chancellor in awarding alimony are as follows: (1) the income and expenses of the parties (2) the health and earning capacities of the parties (3) the needs of each party (4) obligations and assets of each party (5) length of the marriage (6) the presence or absence of minor children in the home, which may require that one or both of the parties either pay, or personally provide, child care (7) age of the parties (8) the standard of living of the parties, both during the marriage and at the time of the support determination (9) tax consequences of the spousal support order (10) fault or misconduct (11) wasteful dissipation of assets by either party and (12) any other factor deemed by the court to be “just and equitable” in connection with the sett