Your spouse makes a good living, and you haven’t worked in years. When they filed for divorce, one of the first things you thought about was your right to alimony payments. You want to get the support you were counting on when you got married and quit your job. You can’t go back in time or get those years back, so you’ve suffered a notable financial loss.
You have a few different options with alimony, one of which is to take a lump-sum payment. Rather than getting $5,000 per month for 10 years, for instance, you could ask for it all upfront. That would be $600,000, so your spouse has to have the money on hand to make it possible. If they do, what are the advantages? A few include:
Essentially, the lump sum payments can make for a simple, low-conflict future. If that’s what you want in divorce, and if your ex can pay, it is worth considering.
As you can see, it’s important to work with a legal team that can help you explore all of your options.
2828 Colby Avenue, Ste. 406
Everett, Washington 98201