Alimony - Learn the Details

24 April 2013
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Category: Blog
24 April 2013, Comments: 0

Also referred to as “spousal support,” alimony is a monthly payment made by one spouse to another in accordance to either a settlement agreement or a court decision. The purpose of alimony is to correct for any unfair economic effects of a divorce on one party, such as when a stay-at-home parent suddenly needs a source of income.

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