Alabama Alimony Trust in Lieu of Alimony and all Claims

State:
Multi-State
Control #:
US-02105BG
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement in which Spouse A (the spouse who is ordered by the court to make alimony and/or child support payments to Spouse B) must put assets (the principal) in a trust, from which the payments are made to Spouse B.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

In an Alabama divorce, a wife may keep the personal property she owned before the marriage. A wife can also seek an equitable portion of marital property shared by the couple, including physical property (such as the family home) or other assets (such as bank accounts). What Is a Wife Entitled to in a Divorce in Alabama? - Charlotte Christian Law charlottechristianlaw.com ? blog ? wife-entit... charlottechristianlaw.com ? blog ? wife-entit...

There are a few specific circumstances under Alabama law that allow for the termination of an alimony order, including: The spouse receiving alimony marries again. The recipient spouse is cohabitating with another partner. Either spouse dies.

There is no set formula in Alabama divorce law for determining the amount of alimony. In simple terms, the amount of alimony is dependent on the needs of the receiving spouse and the ability of the paying spouse to pay alimony. Alimony - Alabama Divorce Law - Bradford Ladner LLP bradfordladner.net ? overview-alimony-alaba... bradfordladner.net ? overview-alimony-alaba...

Ing to AL Code § 30-2-55, alimony can be terminated by the court if there is proof the ex-spouse who is receiving alimony payments has remarried. Alimony can also be terminated if it can be proven the ex-spouse is cohabitating with a member of the opposite sex. How to Stop Alimony in Alabama + Options for Modification charlottechristianlaw.com ? blog ? how-to-st... charlottechristianlaw.com ? blog ? how-to-st...

Top 10 Highest Alimony Payments Kevin Costner & Cindy Silva ? $80 million. ... Amy Irving & Steven Spielberg ? $100 million. ... Neil Diamond & Marcia Murphy ? $150 million. ... Mel & Robin Gibson ? (more than) $425 million. ... Craig & Wendy McCaw ? (more than) $460 million. ... Rupert & Anna Murdoch ? $1.7 billion. ... Alimony Tips. Top 10 Highest Alimony Payments - Latest Divorce Child Custody ... weinbergerlawgroup.com ? blog ? top-10-hi... weinbergerlawgroup.com ? blog ? top-10-hi...

Factors in Determining Spousal Support A court in Alabama cannot generally impose alimony for longer than the length of the marriage, and the most basic standard is that a party should receive one year of alimony for every three years of marriage.

The 'Homewrecker' law, which is also called the alienation of affection lawsuit, is a law that enables someone to sue a third party for damages incurred due to the break up of their marriage.

It takes two primary forms; alimony in gross and periodic alimony. Periodic alimony takes the form of periodic payments, typically monthly payments of a set sum of money. Alimony in gross takes the form of a one time payment of a sum of money.

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Alabama Alimony Trust in Lieu of Alimony and all Claims