What is Alimony?

If you're planning to consult a divorce attorney in Tampa, you may have some questions about the division of assets and spousal support. Unlike the division of assets, spousal support—or alimony—refers to ongoing payments. The individual who earns a higher income can be ordered by the court to make regular payments to his or her ex-spouse. As your divorce attorney can explain to you, alimony payments may be made on a short-term or long-term basis.

You can watch this video for more information about alimony. This divorce financial planner explains the purpose of alimony. However, since laws vary from state to state, it's best to consult a divorce attorney for specific information that may apply to your case. Your lawyer can explain the factors that a court is likely to consider when awarding alimony.

Categories: Divorce Attorney

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