Is it possible to negotiate alimony payments outside of court?
Yes, it is possible to negotiate alimony payments outside of court in Arkansas. Alimony, or spousal support, is an arrangement between a divorced couple that establishes financial responsibility after they have separated. The state of Arkansas requires that all alimony agreements are agreed to in writing and that both parties involved have legal counsel. In practice, couples are able to come to an agreement on their own, prior to appearing in court. This is known as a “negotiated settlement” which is a legally binding agreement between the two former spouses. The agreement must be in writing and must include terms such as the amount of alimony, the payment schedule, and any other conditions. Additionally, Arkansas law requires the agreement to be signed by both parties and submitted to the court for approval. The negotiated settlement must pass legal muster in Arkansas in order for it to be approved by the court. This includes making sure that the agreement is fair to both spouses, that the terms of the agreement are reasonable, and that both parties have independent legal counsel to represent them. If the court finds that all of these criteria have been met, the arranged alimony payments will be considered binding. Being able to negotiate a settlement outside of court can be quicker and more economical than going to the courthouse. In Arkansas, negotiating an alimony agreement outside of court is fully possible and legal, as long as both parties are represented and understand the terms of the agreement.
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