Yes, such a payout is often called “lump sum" alimony. Lump sum alimony is frequently given instead of, or along side of a, property settlement, especially when there is little or no property to divide. Lump sum alimony is unusual in that it is payable even if certain events occur that would normally cause the cessation of alimony, such as remarriage. Since lump sum alimony is often in lieu of a property settlement, the present or future status of the recipient does not affect the alimony, if the separation agreement so states. Lump sum can even be made payable to the estate of the recipient, should he or she die.