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3 ways to pay alimony

In most divorce settlement cases, the matter of alimony is crucial, especially for the financially dependent spouse who could be a stay-at-home dad or mum. The payment serves as compensation for their direct or indirect role in aiding their former spouse to acquire wealth.

There are mainly three ways of paying alimony. The first one is a one-time lump sum, the second is regular instalments to be paid for life, and the third one is payments made temporarily for an agreed amount of time. A divorce lawyer can help appraise your situation to determine if you are eligible for alimony.

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