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Alimony and Spousal Support

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Alimony Buyout

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A negotiated financial settlement paid in one lump sum instead of ongoing alimony payments.

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Self-Support Reserve

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The minimum amount of income allowed to remain with the paying spouse after alimony so that spouse can maintain a basic living standard.

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Coverture Fraction

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A formula that determines the extent of a non-earning spouse's contribution to the increase in the value of an asset.

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Rehabilitative Alimony

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Alimony awarded to a spouse to support them while they gain employment skills or education.

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Alimony Recapture Rule

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A tax rule designed to prevent excessive front-loading of alimony payments in the first post-divorce years.

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Spousal Support Factors

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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.

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Alimony Award Factors

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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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Pendente Lite

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A type of temporary alimony awarded during the divorce proceedings, before the final order.

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Tax Implications of Alimony

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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.

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Alimony

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A financial payment from one ex-spouse to the other after a divorce, intended to provide financial support.

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Spousal Support Modification

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Changes made to the terms of alimony payments based on a significant change in circumstances.

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Reservations for Alimony

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A court order that allows for the possibility of future alimony, even if it is not initially awarded.

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Lump-Sum Alimony

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A one-time payment made instead of ongoing spousal support payments.

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Durational Alimony

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Alimony that is awarded for a set period of time, which cannot exceed the length of the marriage.

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Alimony In Futuro

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Alimony payments made until a significant event such as the receiving spouse's remarriage, or the death of either spouse.

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Cohabitation and Alimony

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The act of living with another person in a romantic relationship can impact alimony payments, leading to reductions or termination.

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Bridge-the-Gap Alimony

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Short-term spousal support designed to cover the immediate costs of transitioning from married to single life.

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Needs and Ability to Pay

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A standard which evaluates the recipient's need for financial support and the payer's ability to provide that support.

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Permanent Alimony

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Alimony paid indefinitely until either party dies or the recipient remarries or cohabitates.

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Income Imputation

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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.

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