The laws in place that govern different aspects of divorce vary between states. This is why it is important that you first decide which state you will be divorcing in (which will usually be the state in which you currently reside) before taking the time to learn more about the divorce process.
Alimony, otherwise known as spousal support, is awarded to one spouse in the aftermath of many divorces. Alimony is awarded with the intention of preventing any undue financial hardship. It is paid to the spouse who has a lower income by the spouse who has a higher income, but the terms of alimony are often disputed. The following is an overview of alimony laws in Tennessee.
There are 4 types of alimony in Tennessee
There are 4 different types of alimony that can be awarded in Tennessee. The type awarded depends on the specific circumstances.
Alimony in futuro is a long-term allowance that is given simply to support the divorcee’s living expenses. Rehabilitative alimony is given to a spouse over a short time frame with the purpose of helping them to retrain in a new profession. Transitional alimony is another type of short term alimony that allows the divorcee to financially adjust to their new lifestyle. Alimony in solido is a type of alimony that is given in a lump sum after the divorce is finalized.
Courts consider certain factors before awarding alimony
Many different factors, including the length of the marriage, the income of each spouse, and the contributions that each spouse made toward the marriage, will be taken into account.
If you are going through a divorce and you are interested to learn the likely alimony implications, you should understand exactly how the law would apply to your situation.