Alimony is another term for spousal support or maintenance during or after a couple divorces. The amount of money that a court orders one spouse to pay to another following a divorce, alimony is designed to continue the standard of living that existed during a marriage. There are several ways …
When going through a divorce, many couples encounter the topic of alimony, also called spousal support or maintenance. Many people believe it is not possible to fight alimony awards – this is untrue. Alimony is a payment from one spouse to the other, negotiated or imposed by a court, when …
Divorce involves dividing both property and assets and it may involve the determination of spousal support, also called alimony or maintenance. A divorce settlement agreement or a court order dictates whether one spouse must make a monthly payment to the other to address economic inequities resulting from a divorce. A …
For many divorcing couples, alimony is part of the division of property. This payment is designed to prevent the standard of living from significantly declining for an ex-spouse who is not self-supporting. Unfortunately, it can place extreme financial hardship on the paying ex. If the marriage lasted long enough, a …
Division of property and alimony is just one difficult task of the divorce process. Divorcing couples must also divide their finances. Alimony or maintenance is monthly financial support provided by one spouse to another following a divorce. It is designed to address an unfair economic impact of divorce on one ex-spouse. …
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