When you’re going through a divorce, you might be asking for your spouse to help pay your expenses. You might not realize it, but there are actually numerous types of alimony, so you want to know which one is best for your situation. Here are three kinds of alimony that you could consider asking for.
1. Lump-sum Alimony
While most alimony is paid monthly or yearly, with lump-sum alimony, you’d receive one large payment. This single payment is often the desired choice for those paying alimony because it reduces the financial dependence that you might have on them. It would also benefit you because you’d receive the same amount regardless of any changes in your circumstances that might see you losing the monthly payments, such as getting remarried.
2. Durational Alimony
You might be wondering to yourself, what is durational …