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What Is Alimony? How Is It Calculated and How Does It Work? In simple terms, alimony is a payment that one former spouse makes to another during divorce or separation In some cases, alimony is temporary throughout separation proceedings, whereas other people will qualify for permanent alimony depending upon alimony laws
Alimony - Wikipedia In most jurisdictions, it is distinct from child support, where, after divorce, one parent is required to contribute to the support of their children by paying money to the child's other parent or guardian The term alimony comes from the Latin word alimonia 'nourishment, sustenance', from alere 'to nourish'
Will I Receive Alimony or Spousal Support After My Divorce? 3 Rehabilitative Alimony Like lump-sum alimony, rehabilitative alimony is an award of a finite sum paid either upfront or in installments But, like periodic alimony, a rehabilitative award will terminate upon the receiving spouse’s remarriage, cohabitation with a new partner, or death
Spousal Support (Alimony) Basics - FindLaw Alimony or spousal support is court-ordered financial support paid by one former spouse to their former spouse The purpose of alimony is to ensure that the divorcing spouses enjoy the same standard of living as they did during their marriage
Alimony: Definition, Types, and Tax Rules - Investopedia Alimony refers to court-ordered payments awarded to a spouse or former spouse within a separation or divorce agreement The reason for alimony is to provide financial support to the spouse who
What Is Alimony? The Essential Guide - LegalZoom But what is alimony, exactly, and how does alimony work? Follow along to find out everything you need to know about alimony, such as what factors influence it, the process for receiving it, and how to modify or terminate payments