What is Fair Spousal Support or Alimony?
Issues in divorce obviously have a tendency to create conflict, and spousal support at hand is at the top of the list.
If you and your spouse can not come to agreement on the amount of spousal support to be paid, for what length of time, and under what conditions, than the court will decide this for you. A word of advice...letting the court decide will only cost more money and will add an element of surprise that can often times be financially and emotionally traumatic. Also keep in mind that not all divorces include spousal support agreements.
If possible take the time and attempt to agree on the spousal support arrangements. The arrangements will be part of your Separation Agreement or Marital Settlement Agreement and the following is typically defined:
Specifying the amount and the conditions is the basis of a spousal support order. A fair amount is typically what would allow the spouse to continue living in a similar fashion that existed prior to the divorce.
The payment of support will also be set upon certain conditions for example:
An alternative to making several support payments over a lengthy period of time, spouses will often times agree on a Lump-Sum Agreement, in which the receiving spouse is paid one larger sum of money at one time and it is considered a final payment.
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