Alimony is a court-ordered payment that is directed from one spouse to another spouse at the conclusion of a marriage. Oftentimes it’s designed to place the parties in a similar financial position as they enjoyed during the course of their marriage. At the conclusion of the marriage oftentimes one party is in a superior financial position than another party and that party will typically be ordered to pay a payment to the less-advantaged person. Again, it’s designed to basically place them in a similar financial position as they were during the course of their marriage.
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