What’s the Difference Between Alimony and Spousal Support?
What is Alimony?
It’s common to hear “alimony” and think of a more dated or archaic term, but the truth is that alimony and spousal support are actually one in the same. Alimony became popularized as an outdated word for this type of financial obligation because it was often used when people were married- which led to divorce proceedings. When two individuals get divorced today, however, they would be entitled by law to receive money from their partner who earns higher wages than them so that both parties maintain their lifestyle during separation time until the court grants a final decision on asset distribution.
When two people get divorced today, they are entitled to receive money from their partner who earns more. This is called “alimony” because it’s often used when a person gets married and then divorces- not so much anymore!
What is Spousal Support?
Spousal support is a more gender-neutral term for describing the payment from one ex-spouse to another. The definition doesn’t mention wife or husband, rather it incorporates the idea of an amount paid after marriage until the required time has passed. In California, you’ll most often find that spousal support refers specifically to payments by courts as opposed to within families and friends. You should get a family lawyer in California to help you out.
When you’ve been married and they are getting a divorce, it’s common for one person to pay the other either as part of their settlement or because they’re obligated by the family court. Many times this is called “spousal support.” This name isn’t gender-sensitive but instead just means that money will be paid over time until someone has fulfilled all obligations.
Alimony vs Spousal Support
What is the difference between alimony and spousal support? Alimony, also known as a ‘permanent award,’ can be paid for an indefinite period of time. Spousal support (sometimes called “temporary awards”) is typically granted to one spouse in order to help them maintain their living standard after separation or divorce.
Often, spouses in a divorce proceeding will ask for alimony or spousal support. Alimony is given to the spouse who does not have as much of an income and needs financial assistance. Spousal Support is given to the spouse who has more of an income but still needs some help financially post-divorce. There are many factors that go into deciding which type of support should be granted to each spouse, such as how long they were married, what their employment situation looks like after the divorce, and whether or not one party was at fault for the marriage ending. The difference between these two types of payments is that alimony can last indefinitely until the receiving spouse remarries while spousal support must stop once either partner gets remarried.
Alimony vs Spousal Support is a common question for those who are looking to get divorced. Both have specific benefits and drawbacks, but it’s important to know the difference so you can decide which one best suits your needs. In most cases, Alimony is given by the higher income spouse to the lower-income spouse when they separate from their marriage. This helps with short-term financial needs and provides a safety net during times of transition. The length of time that alimony lasts will depend on what was agreed upon in the divorce papers or if there were no agreements made at all then it would be up to court discretion on how long alimony could last for someone who has been out of work for years while raising children as an example.