Lump Sum Spousal Support

Read more

>
< back to Insights

Lump Sum Spousal Support

If sufficient resources are available spousal support may be paid from one spouse to another in lump sum form. This has the advantage of allowing the parties to have a clean break. A lump sum may also be appropriate if the payor spouse presents a high risk of defaulting on ongoing payments.

Lump sum spousal support is not taxable in the hands of the recipient and it is not tax deductible to the payor.

more Insights

The Basics of Child Support

Read

Introduction to Procedure in Family Law Litigation: Part I

Read

Confronting Domestic Violence

Read