Can alimony be paid in installments?

In Arkansas, alimony can be paid in installments. This means that instead of one lump sum payment, the paying spouse agrees to pay the receiving spouse an agreed-upon amount of spousal support in regular, periodic payments. This could be weekly, bi-monthly, or monthly payments, for example. Courts in Arkansas typically prefer installment payments of alimony since it is easier to ensure that the payments are made in full and on time. This also allows the receiving spouse to receive a steady income without having to get a loan or using other types of credit to cover their expenses in the event that the lump sum payment is not made. In most cases, the payments are held in escrow to ensure that they are paid in full and on time. This also helps to protect the receiving spouse in case the paying spouse misses a payment or fails to make all of the payments. Lastly, installment payments of alimony also give the paying spouse the flexibility to adjust the amount of payments if they run into financial difficulty in the future. This benefit is often overlooked, but it can be especially helpful for paying spouses who experience temporary setbacks or job losses.

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Can alimony be paid in installments?

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