Most people think of alimony as the monthly payment of money from a person to their former spouse. While this is how some alimony arrangements work, alimony can look very different based on the needs of the involved parties. This post will discuss some of the forms that alimony can take on in Florida; however, it does not offer legal advice but provides information about alimony options in Florida. The facts and circumstances of different divorce cases will greatly impact if alimony is awarded and what form it will take on.
Periodic payments of alimony are the most recognizable form of the obligation, and those periodic payments can be established for set durations of time or can be established indefinitely. An alimony agreement or order may state when the payments are to stop or may require the paying party to continue these payments permanently.
Additionally, alimony can be paid in a lump sum. This means that instead of making ongoing payments, the paying party gives their ex one payment that encompasses the entirely of their alimony liability. This form of alimony may be paid in cash, or in some cases, it may be satisfied with a transfer of property.
Alimony may be awarded to a person to prepare them to re-enter the workforce or to simply help them establish their new life following their divorce. As readers can see, alimony can mean a lot of different things to different people, and as such, it is important that they get their own legal support.