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lawguy we're nearly stats twins :D
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Simple English definitions for legal terms
reimbursement alimony
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A quick definition of reimbursement alimony:
Reimbursement alimony is money that one spouse pays to the other spouse after a divorce to repay them for financial contributions they made during the marriage that directly helped the other spouse earn more money in the future. For example, if a wife worked full-time to support herself and her husband while he earned a medical degree, she may be entitled to reimbursement alimony. This type of alimony is different from other types of alimony, like temporary or permanent alimony, which are paid for different reasons.
A more thorough explanation:
Reimbursement alimony is a type of financial support that one spouse pays to the other spouse after a divorce. It is designed to repay a spouse who made financial contributions during the marriage that directly enhanced the future earning capacity of the other spouse.
For example, if a wife worked full-time to support herself and her husband with separate-property earnings while he earned a medical degree, she may be entitled to reimbursement alimony to compensate for her financial contributions to his education.
This type of alimony is different from other types, such as permanent alimony, which is payable in weekly or monthly installments either indefinitely or until a time specified by court order. Reimbursement alimony is a one-time payment that is not subject to modification.
Overall, reimbursement alimony is a way to ensure that both spouses are fairly compensated for their contributions during the marriage, and it can help to provide financial stability for the spouse who made sacrifices to support the other spouse's career or education.