Divorce Dex.com: Permanent Alimony

Definition Permanent Alimony - spousal support is based on the recipient’s need for income to maintain a standard of living and the payor’s ability to pay.

Application in Divorce Also called maintenance.

In awarding alimony, courts consider many factors, including but not limited to, the length of the marriage and the ability of a former spouse to become self-sustaining.

An award of permanent alimony might be made to a former spouse who lacks the resources or ability to be self-supporting.

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Can we negotiate for permanent alimony?

Yes, permanent alimony still exists. There is nothing stopping a couple from negotiating and agreeing to an award of permanent alimony. Outside of a unique situation, permanent alimony is rarely awarded. Basically, the factors controlling permanent alimony are; the recipient ex-spouse has no realistic chance of employment, and the marriage had endured for a long period of time. Please keep in mind, it is also not uncommon for the paying spouse to take out a life insurance policy or an annuity, naming the receiving spouse as the beneficiary.

Contributed on 9/20/2007 by: 3StepDivorce - Online DivorceAllentown, PA[Total Submissions: 19]

Category: Spousal Support (Applicable in All States)

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Beyond Spousal Support
Alimony -- also called support, maintenance -- is usually a temporary measure. As a rule, spouses receiving spousal support are ultimately responsible for their financial future. If a party has receives significant property, it is wise to make investments with the assets.

Contributed on 7/11/2007 by: DivorceDex.com Staff
Category: Spousal Support (Applicable in All States)

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