Category Archives: Spousal Support

Prenuptial Agreements

A prenuptial agreement, antenuptial agreement, or premarital agreement, (commonly abbreviated to prenup) is a contract entered into prior to marriage, civil union or any other agreement prior to the main agreement of partners intending to marry. The content of a … Continue reading

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Modifying Alimony

After a divorce, the former spouses move on with their lives. After a few years, either party may find the need for alimony modification, either the amount paid or the amount received. Like child support, a change in circumstance of … Continue reading

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Requirements for Alimony

The Internal Revenue Code describes requirements for alimony, or spousal support, which is compensation given to one ex-spouse by the other ex-spouse. Alimony provides the spouse who doesn’t make as much money with the money for living expenses over and … Continue reading

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Men Get Alimony, Too

More men are seeking alimony because of changing cultural values. When a woman achieves success in the corporate world or her own business, she may be ordered to pay alimony to her former husband, at least temporarily. A stay-at-home dad … Continue reading

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How Courts Determine Alimony

In many jurisdictions judges enjoy a wide degree of latitude in deciding questions about alimony, its amount and duration. Courts consider a variety of factors in assigning alimony. As a rule, the first consideration is the ability of a spouse … Continue reading

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Alimony is an Insurable Interest

Any type of alimony ceases upon death of the payor; therefore, it is a good idea to include life and/or disability insurance policies in an amount sufficient to replace the alimony. The recipient has what is called “an insurable interest” … Continue reading

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Reimbursement Alimony

Not many people marry a doctor, but a lot of people DO marry medical students. That’s why so many doctors end up paying reimbursement alimony, which is the alimony that a former spouse receives from the other for any expenses … Continue reading

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All States Have Alimony Statutes

All jurisdictions have alimony statues, but these differ both in the type of alimony permitted and in the requirements that must be met to receive it. In every state, therefore, either spouse can request alimony as long as he or … Continue reading

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Alimony as a Handy Tool in Divorce Negotiation

Handled properly, alimony is a flexible financial tool for divorcing couples with tax advantages that can help put more cash in the pockets of both spouses. Alimony, which is also sometimes called spousal support, provides living expenses to the lower-income … Continue reading

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Permanent Alimony Not Common

Permanent alimony is maintenance paid to the lesser-earning spouse until the death of the payor or the death or remarriage of the recipient. Almost always the recipient is a stay-at-home mother who has been out of the workforce for many … Continue reading

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