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Alimony and Spousal Support
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Cohabitation and Alimony
The act of living with another person in a romantic relationship can impact alimony payments, leading to reductions or termination.
Permanent Alimony
Alimony paid indefinitely until either party dies or the recipient remarries or cohabitates.
Alimony Recapture Rule
A tax rule designed to prevent excessive front-loading of alimony payments in the first post-divorce years.
Self-Support Reserve
The minimum amount of income allowed to remain with the paying spouse after alimony so that spouse can maintain a basic living standard.
Spousal Support Factors
The circumstances considered when determining the amount and duration of alimony, such as the length of marriage, age, health, and earning capacity of both parties.
Rehabilitative Alimony
Alimony awarded to a spouse to support them while they gain employment skills or education.
Lump-Sum Alimony
A one-time payment made instead of ongoing spousal support payments.
Income Imputation
A court's attribution of potential income to a spouse, even if they are not currently earning that income, for the purpose of calculating alimony.
Needs and Ability to Pay
A standard which evaluates the recipient's need for financial support and the payer's ability to provide that support.
Pendente Lite
A type of temporary alimony awarded during the divorce proceedings, before the final order.
Alimony In Futuro
Alimony payments made until a significant event such as the receiving spouse's remarriage, or the death of either spouse.
Coverture Fraction
A formula that determines the extent of a non-earning spouse's contribution to the increase in the value of an asset.
Bridge-the-Gap Alimony
Short-term spousal support designed to cover the immediate costs of transitioning from married to single life.
Durational Alimony
Alimony that is awarded for a set period of time, which cannot exceed the length of the marriage.
Reservations for Alimony
A court order that allows for the possibility of future alimony, even if it is not initially awarded.
Tax Implications of Alimony
Before 2019 in the U.S., alimony was deductible by the payer and taxable income to the recipient; for divorce decrees after 2018, it is no longer deductible or includable in income.
Alimony Buyout
A negotiated financial settlement paid in one lump sum instead of ongoing alimony payments.
Alimony
A financial payment from one ex-spouse to the other after a divorce, intended to provide financial support.
Spousal Support Modification
Changes made to the terms of alimony payments based on a significant change in circumstances.
Alimony Award Factors
Criteria a judge considers when awarding alimony, including the standard of living during the marriage, the length of the marriage, and the age and health of each spouse.
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