Also known as spousal support, alimony can help you adjust to your new life without the financial support of your spouse. Unlike child support calculations where you have to use formulas and abide by strict guidelines, determining the amount of alimony you may receive depends on several factors that including lifestyle maintained during the marriage, length of marriage, age and health conditions, assets and liabilities, annual income and contributions of each party.
There are several kinds of alimony that may benefit your particular situation. Temporary alimony may be granted to maintain the status quo during the pendency of a divorce case. If one spouse need some help getting on his or her feet, the Court may award bridge-the-gap or rehabilitative alimony in order to resume a career or acquire new skills. An award of permanent periodic alimony, which usually lasts until the death of either spouse or the remarriage or cohabitation of the receiving spouse, will usually only be awarded in long term marriages. Lump sum alimony is one large payment usually made as part of the distribution of the marital assets, and may consist of money, the marital home, or other assets. These matters are complicated, and understanding the role that alimony plays in your divorce is very important.
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