Raleigh, North Carolina Law Firm
Connect with Our Firm
Large Font:

What is Lump Sum Alimony?

Before you sign a divorce settlement agreement, it is important to understand divorce, property division, and alimony laws in your state. By understanding the laws and speaking with a Raleigh family law attorney, you'll have knowledge of what types of alimony you may be entitled to, such as lump sum alimony. Lump sum alimony, also referred to as alimony in gross, refers to a fixed payment that cannot be changed under most circumstances. For example, whereas other alimonies will end when you remarry, lump sum alimony will continue to be paid.

In some cases, divorcing parties decide on lump sum alimony instead of battling it out over property division. It can provide tax benefits for the payor and can be used as a type of reimbursement program for one spouse even if that spouse remarries. Once both parties have agreed to lump sum alimony, it is very difficult to have the parameters of the agreement changed. Therefore, it is important to be absolutely satisfied with your divorce settlement before signing the papers. To learn more about lump sum alimony and other forms of spousal support, contact Hopper, Hopper & Mulligan, PLLC today and arrange a consultation with a Raleigh family lawyer who can address your questions.

Categories: Alimony, Divorce, Family Law

Meet Your Team

Our Attorneys

30 Years of Experience
Our law firm is the only choice to make when you need legal representation.

Learn About Us

Why Choose Us?

    • Serving Raleigh Since 1994
    • BV® Rated by Martindale-Hubbell®
    • Compassionate & Honest Attorneys
    • Highly Regarded by Past Clients

We Are Here to Help You!

Do not hesitate to get the honest and experienced legal representation you deserve. Connect with us now!

Contact Our Law Firm
Excellent staff. Professional and courteous....
Excellent staff. Professional and courteous.
- Name Withheld
Read more comments