Is spousal support and alimony the same thing?

Is spousal support and alimony the same thing?

“Spousal support” is the money that one spouse may have to pay to the other spouse for their financial support following a separation or divorce. It is sometimes called “alimony” or “maintenance.” Spousal support is usually paid on a monthly basis, but it can be paid as a lump sum.

What is the difference between alimony and spousal support in NJ?

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While there is no real difference between alimony and spousal support, there is a difference between alimony and child support. Child support is generally considered a fundamental right for children.

What is a spousal maintenance payment?

Spouse maintenance is financial support paid by a party to a marriage to their former husband or wife in circumstances where they are unable to adequately support themselves.

Do I have to pay spousal support when I retire?

If the payor reaches full retirement age, or retires involuntarily, such as for medical reasons or being forced out of a job, then a court may consider it reasonable to reduce or terminate spousal support. A court may not find it reasonable for a payor to voluntarily retire before age 65 and expect to get a reduction.