Rhode Island Alimony Trust in Lieu of Alimony and all Claims

State:
Multi-State
Control #:
US-02105BG
Format:
Word; 
Rich Text
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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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  • Preview Alimony Trust in Lieu of Alimony and all Claims
  • Preview Alimony Trust in Lieu of Alimony and all Claims
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FAQ

In Rhode Island, marital property is subject to equitable division under statute § 15-5-16.1. The assignment of property in cases of divorce is divided and managed fairly between the two spouses depending on various factors. This does not mean that property is split 50/50; rather, it is split in a just and proper way.

Similarly, Rhode Island has not recognized "palimony" actions. ingly, in Rhode Island a paramour can only obtain an interest in property of a cohabitant when: The couple clearly intended to enter a common law marriage by virtue of their cohabitation (and thus they are treated as "married").

No. Rhode Island is a ?common law? state. This means that any assets you acquired individually (not using shared funds) are considered yours, even if you acquired them during the marriage.

Rhode Island is one of several no-fault divorce states in the US. This means that anyone can file for a divorce at any time without having to prove that the other person was ?at fault?.

Rhode Island is a ?no fault state.? Is property divided 50 /50 in a divorce? Property, assets and debts are not divided 50/50 in all divorces in Rhode Island. The vast majority of divorces in Rhode Island result in an equal split of the marital assets.

Some states around Rhode Island require a period of physical separation, but Rhode Island does not have that requirement. (It does require a mandatory waiting period of 3 months ? see the divorce process in Rhode Island.

Either spouse can request alimony, but it's not an automatic right. If you can demonstrate a need for support and that your spouse can pay, the next step is for the court to decide the type and duration of alimony. The court will evaluate the following factors: the length of the marriage.

Under Rhode Island law, it is possible for alimony to last indefinitely. There are no set guidelines or laws regarding how long you can receive or be ordered to pay alimony. However, the Rhode Island family court standard for the duration of alimony payments should be considered a ?reasonable length of time?.

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Rhode Island Alimony Trust in Lieu of Alimony and all Claims