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Posts tagged "Alimony"

Consider these factors about spousal support as you plan

Some divorces include spousal support (alimony) as part of the final agreement. If you are seeking spousal support from your ex -- or think that you might -- there are a number of specifics that you need to consider in order to plan your future. Our attorneys know that you might have a number of unanswered questions about alimony, and we can help guide you through them.

Know when alimony payments should end

Alimony payments are ordered in some divorces, either due to a mutual agreement or because of a judge's decision. All post-divorce support terms are spelled out in the divorce order, but sometimes this is confusing. Anyone who is going through a divorce that might include alimony should understand some basic points about it. One of these is when the payments will stop.

A lump sum alimony payment may be preferable to monthly payments

Some divorces come with the possibility of having to make support payments to your ex for a while. When this is the case, you have to work to make sure that you are making the best decisions possible about these payments. One thing that you can't do is to just ignore the order for alimony and not make the payments.

Alimony payments aren't mandatory in Tennessee divorces

Divorces that involve alimony can be very complex matters. These cases are usually high-asset divorces that involve considerable assets. While the issuance of alimony isn't a requirement in Tennessee divorces, it is often necessary to make the settlement work out the way it needs to. It is sometimes used to help a stay-at-home parent have an income while he or she gets back out into the workforce, which can be a challenge when you are raising children.

You might not have to make monthly alimony payments

Alimony payments are something that come with some divorces, but not all. When you are facing the prospect of having to make alimony payments, you might wonder what options you have. In some cases, the choice might not be yours to make. Instead, the court might order the payments and payment schedule.

Think about various alimony payment structures

Alimony payments are part of some divorces. You can probably understand why some people who have to pay alimony might not want to make those payments. While many alimony orders are set up for regularly occurring payments, it might be possible for you avoid having to make those payments.

How is the alimony amount determined?

If you've been told that alimony could be a factor in your divorce, it's normal to have questions about what the amount will be. While this is dependent on the factors specific to your divorce, there are some general rules to be aware of. However, keep in mind that there are no hard and fast formulas for determining alimony, and the courts have a great deal of discretion in what they consider.

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