Lump‑sum alimony is a finite total sum to be paid in one installment, or periodically over a period of time, terminating only upon the death of the supported spouse, but not terminable or subject to an alimony modification based upon remarriage or changed circumstances in the future. The purpose of this form of support may include, but not be limited to, circumstances where the court finds alimony appropriate but determines that such an award be of a finite and non-modifiable nature.
Lump-sum alimony is rarely awarded by the family court, and in turn is pursued by alimony attorneys less than the other forms of alimony. The typical circumstance in which it is awarded is when the supporting spouse demonstrates an intent and the ability to disobey any permanent periodic alimony award. The court can award lump-sum alimony from that spouse’s share of the marital estate to insure the supported spouse receives some alimony.
However, lump-sum alimony is often agreed to as a compromise between permanent alimony (which most supported spouses prefer receiving) and rehabilitative alimony (which most supporting spouses prefer paying). Unlike permanent alimony, lump-sum alimony offers an end date. However, unlike rehabilitative alimony, lump-sum alimony does not end if the supported spouse remarries or cohabits or if the supporting spouse dies. When you are navigating the different types of alimony, having an alimony attorney on your side can help you pursue the kind of alimony that best fits your unique situation.