On what basis is alimony awarded?
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On what basis is alimony awarded?
When a married couple gets a divorce, the court may award “alimony” or spousal support to one of the former spouses, based either on an agreement between the couple or a decision by the court itself. This is separate from the division of marital property and is decided on a case-by-case basis.
Is alimony paid forever?
In fact, depending on circumstance it might only last a few years. In other cases, it can last for decades; but often the amount paid can be reduced significantly. There are two important points here: 1) The paying spouse does not have to pay spousal support indefinitely.
How do I get out of permanent alimony?
If it can be proven that the receiving spouse is involved in a new supporting relationship, the paying party can petition to terminate alimony payments. It is also possible to end alimony through closely reading any prenuptial agreements made.
At what age do you stop paying alimony?
There are many settlement options open to the alimony-paying party who wants to limit the term of alimony. For example, the parties’ agreement may specify that alimony terminates upon the retirement of the payor, provided that certain specifications are met, such as after age 65.
Does remarriage affect alimony?
The remarriage or re-partnering of the support recipient does have an effect on spousal support under the current law, but how much and when and why are less certain. Remarriage does not mean automatic termination of spousal support, but support is often reduced or suspended or sometimes even terminated.
Do I lose alimony if I live with someone?
In other words, if you are the spouse paying support to your Ex, does that obligation change if he or she remarries or starts seeing someone else? From a practical perspective, your Ex may be called upon justify continued spousal support from you, despite his or her cohabiting with or remarrying someone else.