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Month: June 2017

Video // Types of Alimony and Considerations in Calculating Payments

A dissolution can mean a drastic change in the parties’ social situation and financial status. Family friends may take sides, and routines regarding vacations and holidays will change as will the time spent with children. If the household depended on two incomes, that can prompt the sale of the marital home in some cases and a move to a smaller home or rental unit. For a party who has fewer financial resources than the other spouse or who may not be working, the breakup can be frightening. To alleviate and remedy an unfair financial situation, alimony in a divorce case may be awarded. Many...

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