3 Different Types of Alimony

Alimony on a court desk. Divorce and separation concept

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

Biden Hits Back At Trump’s Crack That He ‘Abandoned’ Pennsylvania

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Lawyer Monthly is a news website and month-to-month authorized publication with content material that’s completely outlined by the significant authorized news from around the globe. Along with his new everlasting-resident status, Garcia can join a agency, a typical step for younger …

Mediation Or Litigation

LitigationAn unique plaintiff could generally change into a defendant in the same case. And an original defendant might become a plaintiff in the same case. For instance, OP filed a declare towards OD. Then OD filed a counterclaim in opposition to OP. OD turns into a plaintiff within the counterclaim and OP turns into a defendant.

Suppose that par(4) of the criticism alleged that the defendant borrowed 1 million from the plaintiff. The first means of denying it is mentioning the paragraph where it is alleged. Deny it by saying that you just by no means borrowed money from the plaintiff. The truth of the matter being that it was a donation. It is an absolute denial of the allegation. Another way is saying that I admit I borrowed 1 million however the due date is until 5 years from now so it isn’t but due.” You admit it however …