Alimony, or as it is called in some states, spousal maintenance, is a payment of money from one spouse to the other spouse either during the divorce process or ordered to begin after the divorce is finalized. During a divorce, spouses look for any way they can to avoid spending …
As is the case in many situations in life, there can be several different terms for the same situation – this applies in the world of family law quite often. In this specific case, alimony and maintenance are in fact the same thing. Because every state has its own set …
Are Alimony and Maintenance in a Divorce Settlement the Same Thing? Read More »
When couples divorce, they divide property, money, and retirement accounts. In addition, they must compare income and may need to arrange for financial support of the other spouse. Called alimony or maintenance, this support prevents one spouse from being unfairly financially affected by the divorce. Divorcing spouses who think they …
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 …
Though more and more marriages are characterized by both spouses working and more spouses could financially support themselves without income from a partner, alimony still exists. This payment from one spouse to another occurs following divorce. It is designed to compensate for reduced financial resources of one spouse or support …
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 …
During the divorce and property division process, the conversation may turn to alimony. Also called spousal support or maintenance, this is money that one spouse is required to pay to another following divorce. The goal is to help maintain the same standard of living experienced by both spouses during the …
