When going through a divorce who gets the house?
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When going through a divorce who gets the house?
Buy you out A popular option is for the property to be transferred to one party as part of the binding financial agreement within the divorce agreement. The person who keeps the house will generally assume responsibility for the mortgage.
Are spousal support and alimony the same?
“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.
Is temporary spousal support considered alimony?
Temporary alimony or spousal support is an order for support that comes during a divorce, legal separation or even an annulment case after one party has filed such a request with the court. Temporary spousal support is also called pendente lite spousal support, which means an order made during the pendency of a case.