answersLogoWhite

0


Best Answer

Instead of monthly payments, the parties can agree (or the court can order) one party to pay a lump-sum amount to the other. In this instance, the spousal support is in the form of a one-time payment and is often done instead of an adjustment in the property settlement. Lump-sum alimony can also present some tax advantages and is usually paid regardless of whether or not the receiving spouse remarries or satisfies some other type of exception that would normally end a spousal support order.

User Avatar

Wiki User

15y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

6mo ago

Yes, it is possible for couples to reach a one-time settlement in divorce, often referred to as a lump sum settlement. This involves agreeing on a specific amount of money, property, or other assets to be paid or transferred at one time to settle all financial aspects of the divorce. The terms of a one-time settlement can be negotiated and agreed upon between both parties or may be determined by a court if the couple cannot reach an agreement.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is there a one time settlement in divorce?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Statute of limitations on divorce settlement in California?

There is no statute of limitations on a divorce settlement. A divorce settlement is part of a court order and court orders do not expire.


Who received the largest divorce settlement in the last five years?

The largest divorce settlement in the last five years, was the divorce of Rupert and Anna Murdoch. This divorce amounted in a settlement of about $1.7 million.


What is money paid out on settlement of a divorce?

Alimony is the final settlement amount in a divorce matter. Alimony is awarded at time of finalizing of divorce. If one needs more details they can look for Siddhartha Shah and Associates on the following details. They are the best divorce lawyers in Mumbai, they have great knowledge and experience. Phone: 093222 86663 Email: lawyersidd


What was armstead Edwards divorce settlement to patti labelle?

How much did patti labelle vc from divorce settlement


What was the Ann and Rick Steves' divorce settlement?

Ann and Rick Steves divorced in 2010. It is not known exactly what caused them to divorce and how much the divorce settlement was.


Will my divorce be cheap if I dont have a lawyer?

In one sense, it might be, but not having a lawyer in a divorce will mean you may waste time correcting errors on filings and you will probably get a worse settlement, so it will probably cost you more in the end.


Where would one find advice for a divorce settlement?

You can receive advice for a divorce settlement online at websites such as DivorceNet, Forbesm and DivorceSupport. You can also contact a local attorney and ask his or her personal experience on these types of cases.


How do you appeal a divorce settlement in California?

An appeal of a divorce settlement in California is heard in front of the District Courts of Appeal. An attorney will need to file an appeal after the divorce has been granted.


Can you sue your ex for half of his retirement after the divorce is final?

To sue your ex for half of his/her retirement after the divorce is final would require a few things. One of which would be a very good lawyer. The other would need to be a circumstance that could show t hat the divorce settlement was based on fraudulent information such as a denial that there was a retirement account that could have been subject to distribution at the time of the settlement.


Is the first wife entitled to any her ex husbands pension.?

If it hasn't been dictated as part of the divorce settlement, then no.


If you sign your rights to the house off are you still owed a settlement for community property in a divorce?

In Ne If you sighn off rights to your house are you owed a settlement in a divorce


What are the types of confidentiality documents stored in real estate offices?

Trusts, wills, legal agreements, divorce files, financial information, settlement offers etc.Trusts, wills, legal agreements, divorce files, financial information, settlement offers etc.Trusts, wills, legal agreements, divorce files, financial information, settlement offers etc.Trusts, wills, legal agreements, divorce files, financial information, settlement offers etc.