7. Alimony Flashcards
1
Q
What is alimony?
A
Spousal support paid to requesting spouse
During marriage/divorce proceedings/divorce decree
2
Q
What factors are considered in determining alimony amount?
A
Standard of living Contributions Duration of marriage Age Physical conditions Financial resources
3
Q
What types of alimony are there?
A
Periodic
- Permanent
- Periodic
Rehabilitative
- NOT permanent
- Periodic
Lump sum
- Lump sum/Instalments
Reimbursement spousal support
- Reimburse licence/degree
4
Q
Which alimony can be modified? How?
A
Periodic
Rehabilitative
Substantial change of circumstances
- Recipient spouse’s needs
- Payor spouse’s ability to pay
5
Q
Which alimony can be terminated? How?
A
Periodic
Rehabilitative
Death of spouse
Remarriage of recipient spouse