Different Types of Alimony in Tennessee
You may feel conflicted about demanding money from your soon-to-be-former spouse. Do you fear cheapening the relationship, or feel like you’re being bought? If you’re paying alimony (also called maintenanceand spousal support, do you feel like it will diminish your lifestyle? Martin Sir & Associates can help guide you through the often intimidating process.
Alimony can be used to help you maintain the lifestyle you had during the marriage–Alimony in Futuro. Rehabilitative Alimony helps you rehabilitate by returning to school to increase your earning capacity, and a new kind of alimony in Tennessee called Transitional Alimony helps you transition into life on your own. Finally, Alimony in Solido is paid to divide up a jointly held asset through the court system. Read on to learn about the alimony to better determine whether it applies to you. Then, call Martin Sir & Associates for help fighting for it!
Alimony in Futuro
Alimony in Futuro is designed to help a spouse maintain their current lifestyle after divorce. We often hear about millionaire celebrities demanding huge Alimony in Futuro payments, but it can more commonly be used to keep a struggling single mother afloat or keep someone within substantial housing.
As with all alimony agreements, Alimony in Futuro considers the spouse’s relative earning capacity, needs, financial obligations, and possible financial resources. The earning capacity is largely determined by the spouse’s education and training—if the spouse finds it insufficient to make it on his or her own, they are also eligible for Rehabilitative Alimony.
Rehabilitative alimony focuses on personal career growth. If your occupation while a spouse was to be an all-around assistant to your husband or wife, keep the house and look after children, you have been deprived of training to help you earn an income. Especially if the economy is sour, you need new training and education to enhance your resume. Therefore, Rehabilitative Alimony is given for a short period after the divorce, a rightfully earned sum to help pay for school until the spouse can secure a job. After which, or if the ex-spouse rapidly remarries, Rehabilitative Alimony can be halted.
The newest kind of alimony in Tennessee as of 2003, called Transitional Alimony, helps spouses if they can secure a job, but first needs help reorganizing their living situation. Transitional Alimony helps aid finding a babysitter, relocating to an apartment, etc. Like Rehabilitative Alimony, Transitional Alimony is for a short term period.
Alimony in Solido
Alimony in Solido can help make certain that you are paid in full, with your alimony paid in large sum or from a particular asset.
Call Martin Sir Today
Martin Sir has assisted divorces like yours for many years. You can secure your future easily when you have an attorney willing to build a strong case for your financial needs. Call him at 615-256-6661 today.