Alimony
The term “alimony” refers to any kind of financial support that a former spouse gives the other. In South Carolina, that could look different:
- Lump Sum: If a court decides that one spouse owes the other a certain sum, a lump sum payment is when that spouse takes care of the support obligation with a single check.
- Periodic Sum: In this situation, a court could decide that one spouse pays a set amount each month until a certain time, such as the other spouse’s death or remarriage.
- Reimbursement: If one spouse worked for several years to help pay for the other’s education expenses, the court may order the spouse to reimburse the working spouse for “the opportunity cost.” A common instance of reimbursement alimony is when a wife supports a husband while he is in school.
- Rehabilitation: This kind of alimony involves paying for a disadvantaged spouse’s education or vocational training.