Classifications of Alimony
Generally, there are four different types of alimony that are rewarded to divorce parties depending upon the request of the party that is receiving ...
Generally, there are four different types of alimony that are rewarded to divorce parties depending upon the request of the party that is receiving it and the party paying for it. These are temporary alimony, permanent alimony, reimbursement alimony and rehabilitative alimony.
Temporary alimony is alimony given to the spouse before the divorce process is completed. Usually the divorce process is both long, and tedious, which often disrupts the spouse’s daily routine and work. The other party hence is required to support the spouse while the divorce process is on-going. This might include transportation, living allowances and such, especially if the other party is made to travel for the divorce.
Rehabilitative alimony, on the other hand is given to the lesser earning spouse for a period of time after the divorce. This happens usually when the spouse is a house body who has had no work except maintaining the household. The other partner is required to support the spouse such that they could be able to look out for themselves financially over time, ergo be able to find work and support themselves.
Reimbursement alimony is support that is given to reimburse or to return all spent expenses the spouse had invested on the other. This includes life plans, educational, college, business etc. etc. Investments in other areas are included in the reimbursement alimony but while other types of alimony require time, reimbursement alimony is usually one time and ends once the whole sum has paid.
The last type of alimony is permanent alimony, in which more people are familiar with. Permanent alimony requires one spouse to support the other until the death of the recipient, the payer or if the recipient remarries and does not need the support of the alimony anymore. It is also riddled with cases sometimes, wherein the other party takes in a lover but does not remarry, hence making him or her still eligible for alimony.
To find out exactly how to , visit this website about .
Related posts:
- Alimony Defined – How to Qualify and How Much to Expect Alimony is the payment of support from one marital partner...
- Understanding Alimony And Palimony – What Does It Mean For You? In the event of a divorce or separation, one partner...
- Divorce Types The term divorce has been thrown around over a couple...
- Avoid Awkward Situation With A Divorce Lawyer Anyone going through the process of a divorce should seriously...
- Dividing Assets In A Divorce And Why You Need An Attorney When dealing with a divorce and division of assets "what...
Related posts brought to you by Yet Another Related Posts Plugin.