What is a permanent alimony award?

A permanent alimony award is a court-ordered payment of money from one spouse to the other for the purpose of providing for the basic needs of the recipient spouse. In some cases, it is awarded after a divorce to ensure both parties have the means to support themselves. In Virginia, a permanent alimony award can be made when the marriage has lasted more than 10 years, when the incomes of the spouses are substantially different, and when the spouse receiving the award cannot support themselves without assistance. The duration and amount of the alimony award is determined by a court order and is typically based on factors such as the length of the marriage, the earning potential of each spouse, and the standard of living established during the marriage. The goal of a permanent alimony award is to provide financial assistance so that the recipient spouse can support themselves after the divorce. It is intended to be a long-term payment and is typically awarded for a period of years or a lifetime. The duration of the alimony award is usually intended to allow the recipient spouse to become self-sufficient and is not intended to be a long-term solution. In Virginia, there is a presumption that a permanent alimony award will not be awarded for a marriage of fewer than 10 years. However, absent a contrary agreement or court order, a court may make exceptions and award a permanent alimony award for a shorter marriage, depending on the situation.

Related FAQs

Is alimony awarded based on the length of the marriage?
Can an alimony award be modified if the recipient's income increases?
Are alimony payments considered alimony for tax purposes?
Are alimony payments deductible for both spouses in some states?
Is alimony payment typically considered a taxable event?
Does alimony have to be paid if the recipient moves away?
Does alimony have to be agreed upon by both parties?
What are the different types of alimony?
Can alimony be awarded to a spouse who has remarried?
Is alimony awarded if the recipient moves to a different state?

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