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Alimony Types

All You Need To Know About Reimbursement Alimony

All You Need To Know About Reimbursement Alimony

When one decides to file for alimony While this arrangement may sound more like a settlement, alimony rights dictate that the money can be paid in a lump sum or over a period of time. If one supported their ex-spouse while they pursued a higher education, such as law school, there may be a chance that alimony rights will allow for reimbursement. 
However, if the ex-spouse graduates long before the divorce is filed, the courts may not grant reimbursement alimony. This type of alimony is not used for an ex-spouse to maintain a life style like other types are. Paying reimbursement alimony is more like paying back a regular loan, than helping someone to support themselves in their day-to-day lives.
This alimony type can actually be considered the opposite of permanent alimony in one way. The longer one is married, the more likely one is to receive permanent alimony. The longer a couple divorces after one spouse gets their degree, the less likely it is that the supporting spouse is entitled to reimbursement alimony. Under alimony rights, if one does not file for divorce within an usual time of three to four years, they may not be entitled to any reimbursement alimony. 
A lawyer might recommend that if one is sure that they want to file for divorce, they should not wait if they want to be granted reimbursement alimony. The less time that passes in between graduation and divorce, the better one’s opportunity of receiving reimbursement alimony once they file for divorce.
While reimbursement alimony is generally granted to repay a spouse for their help supporting the other’s education, there are times when they may be reimbursed for other things. Divorce laws and alimony rights in one’s state may allow the ex-spouse more rights to property division such a house or portfolio. 
A spouse may even be granted reimbursement alimony for education or professional opportunities they have bypassed. Reimbursement alimony can also be awarded to a spouse in addition to other types of alimony, depending on one’s specific alimony rights.
It may be hard to convince a judge to award this type of alimony. Once an individual who seeks, it decides to file for divorce, they should gather any paperwork that lends credibility to their claim.

Temporary Alimony Explained

Temporary Alimony Explained

Decisions that shape alimony cases happen during a couple’s divorce proceedings. During the divorce proceedings, temporary alimony is awarded once a couple is legally divorcealimonyfamily court Temporary alimony is meant to help the spouse to get used to a new standard of living while the divorce is proceeding. The thought is that the individual will have time to find a job if they are not working, as well as support them during the legal process. 
A judge is more likely to grant temporary alimony than permanent alimony to an individual involved in divorce proceedings. In states that allow alimony, cases are reviewed carefully. Many people consider alimony to be an outdated concept. Unlike child support cases, modern alimony cases will usually not result in long-term payment arrangements.
Some states have specific laws regarding temporary alimony. Alimony cases that involve temporary alimony are decided based on several things determined by the family court. One factor in the decision of granting temporary alimony is financial need. 
If the individual seeking temporary alimony makes a reasonable living themselves, it is possible that a judge may decide against awarding them temporary alimony. An individual who receives temporary alimony should try to keep in mind that the amount they receive may be substantially less once the divorce is final. This does not include a settlement.
Alimony cases that involve temporary alimony gives both parties the chance to accept the reality of a permanent split. Temporary alimony ends on the day that an individual’s divorce is completed. From that point, the new payment arrangement will begin. If the judge has decided that no long-term alimony should be paid, the temporary alimony payments will stop. Divorce cases can take years to settle, but alimony laws generally do not let temporary alimony be received for more than one to two years.
Temporary alimony was established as a way for an individual to get used to living on a smaller income. While judges in some alimony cases will rule that a person is entitled to alimony after the divorce is final, temporary alimony is a more common payment to be awarded in modern society.

What Are The Types of Alimony Overview

What Are The Types of Alimony Overview

As the years passed and many people became ineligible to receive lifelong alimony payments, new types of alimony were developed as a way of meeting the changing need of spouses. It is up to the court to decide what type of alimony an individual may be entitled to receive. Some individuals may qualify for none. 
Each type of alimony carries certain requirements. However, since alimony decisions vary drastically from case to case, one can never be positive that they will be receiving alimony, even if they appear to fit the qualifications for a particular type. The court will review a situation before they decide what type of alimony would be best for the individual receiving it.

Temporary Alimony:
There are many people that are awarded temporary alimony payments. Temporary alimony is the allowance that is paid to a spouse during the time while litigation for the divorce is taking place. It is defined and arranged in a separation agreement between the spouses. If the spouses cannot agree on a separation arrangement, then the judge creates one. The judge will take into account the current needs of each spouse during the separation. 
Since divorce cases can take a long time before being finalized, the judge can put a stop on temporary alimony payments after two years. Temporary alimony payments may be higher than the payments that one receives after the divorce is completed. This is because the time period of the separation is supposed to allow for an individual to get used to a new standard of living. It will also possibly give the spouse a chance to find a job, if they do not have a job already. These payments stop when the divorce is final.

Rehabilitative Alimony:

While there are many people that balk at the idea of alimony payments, there are still many more people that believe that rehabilitative alimony is the fairest type. Rehabilitative alimony starts when the divorce is complete. It is awarded for a set time period. During that time period, the court expects the alimony recipient to take steps to advance in their career, get job training, or obtain an education. The amount of time that is granted to a spouse depends on the situation. Generally the shorter the marriage, the shorter amount of time a spouse will be entitled to rehabilitative alimony. 
A plan may bet set up at the beginning of the payments that detail the steps that the dependant spouse plans on taking to improve their life. This is considered to be one of the fairest alimony arrangements. When the time period is up, the recipient of the payments may request a continuance, depending on the circumstances. However, a court may decide that the recipient has had enough time to complete their goals and that the paying spouse should not have to continue alimony. They also may decide that the recipient has a good reason for wanting an extension and grant it.

Permanent Alimony:

In today’s society there are many times when requests for permanent alimony is denied. This is because criteria for permanent alimony relies on the long length of one’s marriage, any disabilities or health problems, age, past job experience, and future earning potential. If a spouse does not fit at least some of those qualities, it is rare that they will be awarded permanent alimony payments. 
There are many organizations and people that fight the concept of permanent alimony. When one is entitled to permanent alimony payments, the spouse will have to pay until the recipient dies. If the paying spouse dies, their estate must keep paying it. While some things can stop a permanent alimony arrangement, it often means that an individual will be paying alimony until his ex-spouse dies.

Reimbursement Alimony:

This type of alimony is not common. Reimbursement alimony is awarded to pay a spouse back for something over a period of time. Usually, this refers to an education. If one spouse went to medical or law school as the other supported them, the supporter may be entitled to reimbursement alimony, as a way of repayment. A person may also have to reimburse a spouse for payment they put into a house or other large items. 
Mostly, it reimburses the recipient for their help allowing the other spouse to pursue a higher education. The quicker an individual files for divorce after the education is received, the more likely they are of being awarded reimbursement alimony. This can be paid over time or in a lump sum payment.