Types of Alimony
Orlando Alimony Attorney
When a marriage dissolves, it can be a very difficult time for all members of the family. In many cases, the party that has fewer financial assets will seek alimony from the other party. Alimony, also known as spousal support, allows both parties to continue to live their typical lifestyles. There are different types of alimony that relate to how much money is paid and the length of time for which the money will be paid out.
Learning About Different Types of Alimony
Even an uncontested divorce has complex issues that need to be resolved. Alimony is one of the areas that must be fully understood before an agreement can be reached. An experienced attorney will explain the types of alimony and will work with you to determine the type of alimony that should be used in your situation, or if alimony is necessary at all. There are several different types of alimony:
- Temporary Alimony – This is money provided for a short-period of time. It is often provided during the period between separation and when the divorce is final.
- Permanent Alimony – Money that is given to one spouse for a specific period of time. The length of time that payment of alimony is made depends on different factors, such as the length of the marriage. This type of alimony usually ends if the receiving spouse remarries.
- Rehabilitative Alimony – This is a type of temporary alimony that is given for a short period of time while the recipient prepares to re-enter the job market. For example, rehabilitative alimony may be paid while the recipient returns to school to earn a degree.
- Lump Sum Alimony – Alimony that is paid in one large payment rather than in many payments over a length of time.
- Transitional Alimony – This is alimony that is paid one time as a way to provide some immediate funds to one of the parties. This money may assist the person in getting an apartment or paying for other immediate expenses due to the divorce.
Choosing an Alimony Lawyer in Orlando
It is important to choose an Orlando divorce attorney with experience negotiating alimony arrangements. At Katz & Phillips, we take the time to explain all of your options to you and make some recommendations based on your unique situation. We work to ensure that your rights are protected. We understand how difficult this period of time can be for you and we try to ease the pain by helping you get the best possible terms for your divorce.
Contact an Orlando alimony attorney at Katz & Phillips to discuss your situation and to learn more about alimony options.