BulbasaurNoLikeCardio
15:14
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
periodic alimony
Read a random definition: Office of Surface Mining Reclamation and Enforcement
A quick definition of periodic alimony:
Periodic alimony is money that one spouse pays to the other spouse for support and maintenance after they are divorced. This is different from a property settlement. The payments are usually made weekly or monthly and can be modified if circumstances change. They end when the receiving spouse remarries or dies. There are different types of alimony, such as rehabilitative alimony to help a divorced person get education or training to find a job, and reimbursement alimony to repay a spouse who contributed to the other spouse's future earning capacity during the marriage.
A more thorough explanation:
Periodic alimony is a court-ordered allowance that one spouse pays to the other spouse for maintenance and support while they are separated, while they are involved in a matrimonial lawsuit, or after they are divorced. It is also known as permanent alimony. This type of alimony is paid in weekly or monthly installments either indefinitely or until a time specified by court order. It can be modified for changed circumstances of either party and terminates upon the death of either spouse and usually upon the remarriage of the obligee.
For example, if a couple gets divorced and one spouse has been a stay-at-home parent for many years, the court may order the other spouse to pay periodic alimony to help support the stay-at-home parent until they can find a job and become financially independent. The payments would be made on a regular basis, such as monthly or weekly, until a time specified by the court.