Lump Sum Alimony
Lump Sum Alimony Explained
(not really a type of alimony, but how the alimony is paid)
There are several types of alimony which can be awarded in a dissolution of marriage (divorce) proceeding in Florida. In the next couple of weeks I will be discussing the different types of alimony and under what circumstances the Court may award each type of alimony.
Lump Sum alimony is awarded, if at all, to a spouse that may be unable to collect permanent periodic or durational alimony because the other spouse may flee the courts’ jurisdiction or the divorce is so contentious that the Court may determine it is in the best interest of both parties to reduce or eliminate the need for future interaction between the parties, and said alimony is necessary to sustain the standard of living achieved during the marriage.
-Nelson Llabona, Esq.