When is lump sum alimony a good idea?

In some cases, a spouse the court orders to pay spousal support may wish to simply pay the full alimony amount up front – a “lump sum” alimony payment. They avoid the frustration of making a payment every month, and both parties can move on. A lump sum has a few...

Alimony calculations in Michigan

In the eyes of the court, both parties should be able to continue to sustain their lives after a divorce. For this reason, one party may need to continue to provide financial support for the other in the form of alimony. Whether you are giving or receiving alimony, it...