Can a court order a lump sum alimony payment?
In Nebraska, courts can order a lump sum alimony payment as part of a divorce. Alimony, sometimes called spousal support, is money paid by one ex-spouse to another to help them financially after their divorce. The court can order lump sum alimony in addition to other alimony payments, like monthly payments, or instead of them. When deciding whether to award a lump sum alimony payment, courts look at factors such as the length of the marriage, the financial resources and earning potential of each spouse, the lifestyle the couple maintained during marriage, the length of time necessary for the receiving spouse to acquire education or training to become self-supporting, and any debts or property that need to be divided. The court will only award a lump sum alimony payment if it is in the best financial interest of both parties. For example, if one spouse has a significant amount of assets that cannot be divided, the court may award a lump sum alimony payment in order to help the receiving spouse maintain the lifestyle they had during the marriage. In some cases, the court may also order a portion of the lump sum payment be put into an annuity or trust that will provide the receiving spouse with a monthly income after the divorce. In all cases, the court will decide the amount of the lump sum alimony payment based on the two spouses’ incomes, assets, and other relevant factors.
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