What are the different types of alimony?

In Arkansas, there are three main types of alimony that a court may grant: rehabilitative alimony, lump sum alimony, and periodic alimony. Rehabilitative alimony is the most common type of alimony. This is designed to help support a spouse while they gain the skills, qualifications, and resources needed to be independent and self-sufficient. This alimony is paid for a fixed period of time, and the duration of the payments depends on the individual situation. Lump sum alimony is a single payment, also known as a “property settlement”. This may be used to help provide financial support during and after the divorce. Lump-sum alimony can be paid in installments or in one payment. Periodic alimony is similar to rehabilitative alimony, but the payments are paid over a longer period of time, usually until the receiving spouse remarries or dies. This alimony is designed to help the spouse maintain a standard of living they enjoyed during the marriage. In Arkansas, alimony awards may be modified by the court if circumstances of either spouse change significantly. This allows for alimony payments to be modified to reflect additional income or a reduction in the need for support. Overall, alimony in Arkansas is determined on a case-by-case basis. The court will consider a variety of factors including the length of the marriage, each spouse’s earning potential, the age and health of both spouses, and any other special circumstances that may be relevant.

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What are the different types of alimony?

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