In our last post, we discussed how spousal support works for couples who are separated but are not yet legally divorced. In this post, we examine the specifics of financial support to an ex-spouse after the divorce is finalized. This type of payment is known as alimony.
Going through a divorce is often a stress-filled, turbulent experience. If your spouse is the sole bread winner or earns considerably more than you do, you may be worried about where a divorce will leave you financially.