Alimony, sometimes also referred to as spousal support, can be requested as a part negotiations when one spouse needs financial assistance maintaining their quality of life during and after a divorce case. Whether or not alimony is awarded depends on several different factors, including the length of a marriage, the couple’s lifestyle during the marriage, the requesting spouse’s employability or ability to improve themselves to seek employment, their age, and more. The courts may choose to award one or more of several different types of alimony as they see fit during or after your case. Let’s examine a few of these types in further detail.
Like its name states, temporary support is finite and has a guaranteed end date: the day your divorce becomes finalized. Spouses who need assistance financially during the divorce case, such as one who has been forced to move out from the home and must pay rent on an apartment they can barely afford. If the judge sees it prudent, then they can grant this request.
Note: requesting temporary maintenance has no bearing on your final outcome. Just because you received temporary support does not mean you will receive support after your divorce (and vice versa).
These are payments which start after a divorce becomes final but usually have an end set in a particular dollar amount. They are designed to help a spouse gain the training or education they need to become self-sufficient. Once the cost of this training or education is reached, the payments will end.
Lump Sum Alimony
This is a one-time lump-sum payment to be paid at the end of a divorce. The benefit to the paying spouse is that there are no recurring payments so the burden is a one-time issue. The downside is that the lump sum may be rather large, so the burden can be substantial.
This is the most common type of alimony, in which a periodic payment of a smaller amount is made (usually monthly) until a certain date is reached or a termination clause is triggered. These payments may end early if the receiving spouse passes away or remarries. These payments cannot extend beyond the length of the marriage.
These are also smaller periodic payments (usually monthly) but do not have a designated end date. These are fairly rare and are usually only granted in cases where the divorcing couple is older and one spouse owns far more assets than the other, plus the receiving spouse not having much in the way of an opportunity to become self-sufficient. The only way these payments may end is when the receiving spouse passes away, remarries, or agrees that the payments may end.
For more information regarding spousal support payments call a Henderson divorce attorney from McDonald Law Offices, PLLC. Our dedication to reputable and compassionate counsel has earned a reputation as one of the premiere choices to help you with your family law issue. We never treat your case like just another number, because we understand how stressful and important it is to your life. Our distinguished service and proven skill has earned us numerous accolades, including selection by Super Lawyers® and an AV® Rating by Martindale-Hubbell®.Call McDonald Law Offices, PLLC today to schedule your initial consultation!