Important Facts About Spousal Support
Contrary to popular belief, spousal support, or alimony, is not dead. There is still a legitimate need for one spouse to pay the other spouse monetary payments, even if only temporarily. It's important that you understand that spousal support is very different from child support, which is available for minor and college-aged children. If you are divorcing, failing to take into consideration the issue of spousal support could have a major impact on your financial well-being for some time.