Lump Sum Spousal Support

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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.

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