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Alimony

Alimony or spousal support is a monthly payment made by one spouse to another in accordance with either a settlement agreement or a court decision. The purpose of alimony is to correct any unfair economic effects caused by a divorce, such as when a stay-at-home parent suddenly needs a source of income after the divorce but has never held a job. This Alimony section covers the basics of spousal support, the various types of support, including temporary and lump-sum alimony, how to determine eligibility, calculating payment amounts, important records to save when paying or receiving alimony and much more. There are also links to resources such as FindLaw’s Guide to Spousal Support.

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