One type of codified alimony is’revoluntary alimony,’ as follows: “a period of time, designated by the court in which one or both parties are expected to become financially self-supporting by a predetermined time; complete completion of their career path; death of the recipient spouse. This type of alimony must be repaid before the spouse receiving it remarries or becomes incapacitated. If you want to learn more about alimony, see our site.
Another type of alimony in Michigan is referred to as ‘child support.’ This term is used for payments made to an individual dependent on one or both parents. In most states, this is an ordered amount, but in some cases, the court may allow a parent to deduct child support payments from wages or income, to make certain that the child can meet his or her needs with the minimal assistance. In this case, the judge has to consider factors like the amount of income, the type of work performed, the age and health of the dependent child, and the income and expenses of each parent.
Alimony may also be referred to as spousal maintenance, or spousal support. This term is sometimes used interchangeably with ‘marital support,’ but they are two different types of alimony. Spousal support is often ordered by the judge and paid to the other party until the partner remarries or becomes incapable of making child support payments. The other person may then have to pay spousal support.
If you want more information, you can contact a family law attorney in your state. You should be able to find a family law attorney through a referral or by searching online. He or she will be able to answer any questions that you may have and guide you through the legal process.
Once you find a family law attorney, the next step is to discuss your situation with him or her and discuss your options for spousal support. You may wish to include a specific amount in your budget for your support payments and request the family law attorney to help you determine the appropriate rate of interest based on your current financial situation.
If your children need to have their college education financed, it may be in your best interest to use the savings that you make from your work, pay some of your child support payments, and pay the rest of the child support payments. by using the saved money to pay for the educational expense. If you choose to make the educational expense payment, this could even include tuition at a college for single mother or college for minority women’s program.