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What Is Alimony?

What Is Alimony?

Think of divorce, then think of alimony… well, in most cases. Alimony aims at providing assistance to the needier spouse in a divorce proceeding, it is not a punitive measure. Alimony is payment made by a spouse to their former significant other, usually the one more financially flush to the lower earner.

Alimony, also known as maintenance, can be a monthly payment or one lump payment during, or just before, the divorce. The alimony can be paid over a specified number of years, months, till death claims either party, or the dependent party remarries.

Maintenance is not meant for child support or other purposes aside from support of the recipient.

Types of Alimony in Florida

The various types of alimony in Florida can differ in terms of duration, amount and purpose. The specifics form is determined by several factors.

In Florida law, certain factors influence the type of alimony awarded including the financial resources of the maintenance–seeking spouse, each party’s earning capacity, marital standard of living, all sources of income, and responsibilities of each party to their minor children.

For further details, contact Steven Winig, Esq. He is a highly experienced alimony attorney in West Palm Beach, Florida.

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