Define: Short-Term Alimony

Short-Term Alimony
Short-Term Alimony
Quick Summary of Short-Term Alimony

Short-term alimony is a limited-time payment that one spouse makes to the other after divorce. Its purpose is to assist the recipient in obtaining the necessary education or training to secure employment and financial independence. Typically lasting one or two years, short-term alimony differs from a property settlement in that it is taxable income for the recipient and not deductible for the payer.

Full Definition Of Short-Term Alimony

Short-term alimony, also referred to as rehabilitative alimony, is a form of financial assistance that one spouse provides to the other spouse for a limited duration. Its purpose is to aid the receiving spouse in regaining financial stability following a divorce or separation. For instance, if a spouse sacrificed their career to care for the children during the marriage, they may require short-term alimony to cover the costs of education or training necessary to reenter the workforce. The court may mandate the payment of a fixed monthly amount for a designated period to facilitate the receiving spouse’s financial independence.

Short-Term Alimony FAQ'S

Short-term alimony refers to a temporary financial support arrangement provided by one spouse to the other during a specific period following a divorce or separation.

The duration of short-term alimony varies depending on the specific circumstances of the case, but it is generally awarded for a period of months or a few years, rather than indefinitely.

Factors such as the length of the marriage, the earning capacity of each spouse, their financial needs, and the standard of living during the marriage are typically considered when determining the amount of short-term alimony.

Yes, short-term alimony can be modified or terminated if there is a significant change in circumstances, such as a change in income or employment status of either spouse.

No, short-term alimony payments are not tax-deductible for the paying spouse, nor are they considered taxable income for the receiving spouse.

Yes, short-term alimony can be awarded even for marriages of short duration if there is a significant income disparity between the spouses or if one spouse requires financial support to transition to a self-supporting lifestyle.

Short-term alimony is typically awarded when there is an income disparity between the spouses, so it is less likely to be awarded if both spouses have similar incomes.

Yes, short-term alimony can be paid in a lump sum if both parties agree to this arrangement. However, it is more commonly paid in periodic installments.

In most cases, short-term alimony is terminated if the receiving spouse remarries. However, the specific terms regarding remarriage and alimony should be outlined in the divorce agreement.

Yes, short-term alimony can be enforced through legal means if the paying spouse fails to make the required payments. The receiving spouse can seek enforcement through the court system, which may involve wage garnishment or other remedies.

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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 17th April 2024.

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