Do you pay alimony for life?

Do you pay alimony for life?

A couple marries and when they divorce, one spouse pays the alimony for the rest of their natural life, or until their spouse’s demise—whichever comes first. Even Powerball winnings end after 20 years, while permanent alimony continues through one’s retirement—although the amount paid can be reduced by the courts.

How can I avoid alimony in a divorce?

Best Tips to Avoiding Alimony Individuals will usually seek a prenuptial agreement when one spouse makes or has significantly more money than the other as a means to protect their assets during divorce. Other reasons for having a prenuptial agreement entered is to avoid having to pay alimony to the other spouse.

Why do husbands pay alimony?

Alimony, simply stated, is court-ordered payment from one former spouse to the other after divorce. It’s intended to provide financial support for the spouse who was financially-supported during the marriage –and still, that’s most commonly the wife.