Money can be a big factor in choosing to stay in a marriage or seek divorce. Some people may elect to put off divorce because they are unsure of how they will financially survive without the income and support of their partner. What all North Carolina residents should know is that alimony, also known as spousal support, is an option for those who are dependent on their partners. Learn how to navigate these financial concerns and potentially avoid paying alimony.
Alimony is court-ordered payments of money from a person to their ex-spouse. Both men and women can receive alimony, and it is reserved for parties who are financially dependent on their exes. For example, if a party to a divorce elected to forego gainful employment for decades in order to support their ex and family, they may struggle to earn money once on their own. In such a situation, their ex may be ordered to pay support in the form of alimony to them to keep them financially afloat after their divorce.
Orders of alimony depend on the facts and needs of specific parties. In some situations, courts may order lump sum payments of alimony, which means the entirety of the order is fulfilled in one large payment. In other cases, alimony may be paid over time in periodic monthly payments. The duration of an alimony award can vary based on the needs of the parties.
There are circumstances when an order for alimony may terminate before its scheduled end. For example, if the recipient of alimony payments remarries, their right to alimony from their ex may end as they may be supported by their new spouse. When questions of ending alimony early arise, it is important that individuals receive legal guidance that is based on their specific cases and needs.
Alimony is only one of many important topics that individuals must address when they choose to end their marriages in divorce. Managing all of the legal aspects of the process can be difficult, particularly when they are supporting their families and their own emotions. They can lean on the help of their family law attorneys whenever questions and concerns arise.