Spousal support in an Augusta Georgia divorce - All you wanted to know

Spousal support in an Augusta Georgia divorce - All you wanted to know

Alimony can be given permanently. It serves to "get people back on their feet" after a divorce. Although alimony is generally reserved for longer marriages and/or when one spouse earns a lot more than the other, it is not always the case. Alimony is generally depends on the paying spouse's ability to pay and the receiving spouse's need for support.
Periodic spousal support refers to alimony payments made at pre-determined times for a pre-determined amount of time.
Lump sum alimony is a one-time payment of alimony, made payable in a lump sum. Sometimes the law treats lump sum spousal support as property division, which might affect its tax status. If you're going to make or receive a lump sum payment of spousal support, seek advice from a lawyer.

Permanent maintenance is the payment of alimony for the duration of the payee's life, made in monthly or weekly payments.

Rehabilitative alimony is intended for rehabilitating the other spouse for a pre-determined period of time.

You must to consider the tax consequences of whatever kind of spousal support you select. Generally, spousal support is tax-deductible for the paying spouse, and taxable income for the receiving spouse. But, again, lump-sum spousal support alimony is often more complicated. Even if it costs a little bit to hire a lawyer, it might be well worth the expense.

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