What does NRS mean in Nevada?
What does NRS mean in Nevada?
Nevada Revised Statutes
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.
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.
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.
