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alimony
Lump sum alimony payments are not possible for everyone. If your spouse is being ordered to pay, he or she has to have enough money on hand, after the divorce, to make the payment. However, in some high asset divorce cases, this type of money is present, and there are some benefits with lump sum...
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Divorce is a big life change. Obviously, you are no longer married. You and your ex are most likely not living together. Maybe you barely even talk to each other anymore. Beyond the drastic relationship change is the drastic change of finances. That is where the matter of alimony comes into play. A lesser-earning party...
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Much like marriage, divorce is one part an emotional investment and one part a financial investment. Although these aspects are apparent all throughout a relationship, they come into greater focus during the dissolution of a marriage. Not only does divorce take an incredible emotional toll on spouses, but it is where the depths of financial...
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Alimony, commonly known as spousal support, is a court ordered payment from one spouse to the other after divorce. Similar to child support, alimony is designed to bridge the income gap between spouses. Historically, alimony was paid by divorced men to their ex-wives. However, a Supreme Court ruling over 40 years ago brought equality to...
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It should come as no surprise that spousal support is not as easily calculated as child support. Although both alimony and child support are commonly discussed topics during a divorce, they have little to do with each other and are calculated quite differently. There are several different elements a family court may consider when making...
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Spousal support, commonly referred to as alimony, is the payment from one spouse to another either ordered by the family court or agreed-upon in a divorce settlement agreement. Alimony is designed to limit any unfair economic advantage one spouse has over another. It can be ordered as rehabilitative, temporary or permanent. While there are several...
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Occasionally, married individuals will choose to go their separate ways but remain married. This condition is known as separation. For many, the confusing part of separation is understanding that separation comes in four different forms. These four different types of separation are identified by their legality, orders and living arrangements. In all but one of...
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Alimony pendente lite, or APL for short, is the term given to a type of temporary alimony support. This type of spousal support includes a certain amount that is used to cover the cost of the divorce itself. The pendente part of APL goes to describe the temporary manner in which this spousal support is...
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Alimony is a funny thing. Typically the person paying it hates the very idea of it and the person receiving it loves that it’s still around. While the tables have turned and alimony is no longer just an ex?husband to ex-wife transaction, other aspects have also changed. Alimony is not automatic, not forever and isn’t...
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Alimony is one of the most talked about divorce topics ever. Some people agree with it, and some people hate the very idea. Contrary to popular belief, in Texas alimony is not automatic, and while there are many different types of alimony, ordered for many different reasons, one common type that is less well known...
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