Are alimony payments considered marital assets?
In Louisiana, alimony payments are not considered marital assets. Alimony is a form of spousal support, which is a payment of money from one ex-spouse to the other for a period of time after a divorce is finalized. Alimony payments are intended to help provide support to an ex-spouse who may be economically disadvantaged or unable to support themselves financially after a divorce. The purpose of alimony is to ensure fairness and equity between the two spouses. As such, the payment of alimony is not considered a marital asset and is not subject to division or distribution. Alimony payments also cannot be used to satisfy any debt obligations owned by either party. Alimony payments may be agreed upon in a prenuptial or postnuptial agreement, or they may be ordered by a court. Regardless of how alimony is ordered, it is not considered a marital asset and is not subject to division or distribution. This is because alimony is meant to be used as a form of support to the receiving spouse, rather than as a form of compensation for any division of shared assets.
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