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Understanding Durational Alimony: What You Need To Know
Key Takeaways Durational alimony is a form of financial support awarded after a short or moderate-duration marriage. Critical factors in determining eligibility include the length of the marriage, standard of living, and each party’s financial status. Both objective data and subjective circumstances play a role in the court’s decision. Compared to other types of alimony, durational alimony provides support for a set period. This form of alimony helps ensure financial stability during the transition to post-divorce life. What is Durational Alimony? Durational alimony is a specific type of financial support awarded to a spouse following the dissolution of a short or moderate-duration marriage. This alimony aims to provide financial assistance…