Alimony in Solido Franklin, Tennessee Divorce Attorney
Williamson County, TN Divorce with Alimony in Solido Attorney
Alimony in Solido, sometimes referred to as "lump-sum" Alimony, is often used to offset unequal earning capacities or unequal incomes of the parties in lieu of other types of spousal support. Other times Alimony in Solido is awarded in addition to Alimony in Futuro,
Rehabilitative Alimony or
Transitional Alimony. Many times Alimony in Solido is granted by awarding a larger portion of the proceeds of the sale of the marital residence or other marital property to the financially disadvantaged spouse.
For a Free Initial Consultation with John Milazo of the Franklin, TN law firm, Milazo Law, P.C. located in Williamson County please call us at (615) 599-7719 and discuss the particular details of your situation today.
Also, the court may choose to award the financially disadvantaged spouse, as Alimony in Solido:
- the balance owed on his or her attorneys fees,
- the satisfaction of a debt owed in the name of the disadvantage spouse
- or even the larger share of the funds located in the parties joint accounts or either parties' retirement accounts.
It is important that you are aware of your rights with respect to spousal support before entering into an agreement that may not be in your best interest. You should consult an experienced attorney before committing to a position.
To determine if Alimony in Solido is an appropriate remedy for your particular situation you will need to speak with an experienced attorney familiar with the applicable law as well as the Judge who will hear your matter. Different types of alimony have different advantages and disadvantages. If you want to speak with John Milazo and discuss you matter free of charge, please call (615) 599-7719 or Message Us HERE and we will contact you shortly.
Alimony in Solido Divorce Attorney Columbia Maury County TN
Set out below are the portions of the Tennessee statutes which deal specifically with Alimony in Solido.
T.C.A.§36-5-121(d)(1) The court may award rehabilitative alimony, alimony in futuro, also known as periodic alimony, transitional alimony, or alimony in solido, also known as lump sum alimony or a combination of these, as provided in this subsection (d).
T.C.A.§36-5-121(d)(5) Alimony in solido may be awarded in lieu of or in addition to any other alimony award, in order to provide support, including attorney fees, where appropriate.
T.C.A.§36-5-121(h)(1) Alimony in solido, also known as lump sum alimony, is a form of long term support, the total amount of which is calculable on the date the decree is entered, but which is not designated as transitional alimony. Alimony in solido may be paid in installments; provided, that the payments are ordered over a definite period of time and the sum of the alimony to be paid is ascertainable when awarded. The purpose of this form of alimony is to provide financial support to a spouse. In addition, alimony in solido may include attorney fees, where appropriate.
T.C.A.§36-5-121(h)(2) A final award of alimony in solido is not modifiable, except by agreement of the parties only.
T.C.A.§36-5-121(h)(3) Alimony in solido is not terminable upon the death or remarriage of the recipient or the payor.
Serving clients in Williamson County, Franklin TN, Fairview TN, Spring Hill TN, Brentwood TN, Maury County, Columbia TN, Mt. Pleasant TN, Davidson County, Nashville TN, Hickman County, Centerville TN, Lyles TN, Marshall County, Lewisburg TN, Bedford County, Shelbyville TN, Dickson County, Dickson TN, Burns TN, Marshall County, Lewisburg TN, Bedford County, Shelbyville TN, Dickson County, Dickson TN, Burns TN, Lewis County, Hohenwald TN, Perry County, Linden TN, Rutherford County, Murfreesboro TN, Smyrna TN, Sumner County, Gallatin, TN, Robertson County, Springfield, TN and Giles County, Pulaski, TN John M. Milazo would be happy to serve you as well.
By John Milazo