What Should You Know if You’re Considering a Lump-Sum Alimony Arrangement
Alimony, which is referred to as spousal maintenance under New York law, can be a very contentious issue when a couple divorces. Under traditional periodic alimony arrangements, spouses who have gone their separate ways maintain a financial link because one ex is ordered to send payments to the other. There is another option though. Lump-sum alimony eliminates the need for…
