Marriage is more than a romantic union; it is also a financial one. Often, one spouse will end up much worse off financially after a divorce, and North Carolina empowers judges to award alimony to one spouse. A Wilmington family lawyer can help you submit a request as part of your divorce.
Alimony is money one spouse pays to his or her ex, typically in monthly installments. Alimony helps ameliorate some of the unfairness of the divorce, often allowing the lower-earning spouse to maintain a comfortable lifestyle.
But how long does alimony last? Once upon a time, only women received alimony and they got it for the rest of their life. However, that is no longer the case around the country or in North Carolina specifically. The duration of alimony is set by a judge, and certain life events can also cause alimony to terminate.