Jackson Alimony Lawyers

Securing Spousal Support Payments in MS

During the divorce process, one subject that may come up is alimony, also known as spousal support. At Shows & Smith Law Firm PLLC, we represent both sides in divorces. This includes spouses who feel they are entitled to or require alimony payments and those who are being asked to pay. We want to ensure the neither side is being taken advantage of.

Our experienced Jackson spousal support attorneys can help you protect your financial future by coming up with the right alimony plan for your situation. As an equitable distribution state, the Mississippi courts seek to divide the marital assets in a fair and equal way. If they find that one spouse is still at a significant deficit even after a fair property settlement, the court may consider alimony.

Three Common Types of Alimony

There are three types of alimony arrangements recognized in the state of Mississippi. Our Jackson divorce attorneys can take a look at your situation and figure out which type of alimony works best for you.

• The three types of alimony are as follows:
• Lump sum alimony: One large settlement is reached with lump sum alimony. It is not modifiable, it is not taxable as income, and it can be paid in installments.
• Periodic alimony: The only type of alimony that can be increased or decreased over time, periodic alimony is taxed as income to recipient, and is deductible by the payor. It may be forfeited by the receiving spouse for misconduct and terminates upon the death of either party or the remarriage of the receiving spouse.
• Rehabilitative alimony: This type of alimony is paid over a defined period of time in order to help the other party get back on their feet. It is terminated upon the death of either party or by remarriage or cohabitation by the receiving spouse. It is taxable as income to the recipient and deductible by the paying spouse.

Contact a Tri-County Family Law Attorney

Getting a divorce can be very complicated with many factors to consider and our firm can help you come up with a plan that fits your needs and goals. Our Jackson divorce lawyers help individuals throughout Mississippi find workable solutions to family disputes.

To set up an appointment for a free consultation, please call us now at (601) 809-4144.