What is Alimony?

Alimony often refers to a court-ordered payment to a former spouse within a separation or a divorce agreement. Alimony is generally provided to offer financial support to the ex-spouse who makes no income or has a significantly lower income than their former partner. As a result, these payments are designed to equalize the financial resources of the divorcing couple.

However, it is important to note that alimony is generally awarded when the spouses have been married a long time and have unequal earning power. Consequently, the amount that the court gives out is often a pre-determined award that ensures the spouse can continue to live the lifestyle to which they are accustomed to following their divorce. In addition, if a spouse refuses to pay this alimony, they can often face criminal or civil charges.

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