Alimony vs Palimony: What Are the Differences?

Whether a marital union remains intact or not is never easy. Yet, if you’re making the decision to dissolve a union, you need to ensure that you make the right choices.

When facing marital dissolution, people often get confused with terms and concepts in the law surrounding such matters. Some of those concepts include alimony and palimony.

Want to learn more? If so, keep reading to discover the differences between alimony vs palimony!

The Key Differences

Alimony vs palimony is both financial payments made by one spouse to the other following a divorce, but there are key differences between the two.

Alimony

The alimony guide includes when it is typically paid by the higher-earning spouse to the lower-earning spouse and is used to help them maintain their standard of living. Alimony is considered income and is taxed accordingly.

Palimony

The palimony guide includes that it is paid when there is no divorce and is typically used to help the homemaker spouse maintain their standard of living.

There are also differences in how alimony and palimony are taxed. Palimony is not considered income and is not taxed.

Who Pays What?

So, who pays what when it comes to alimony and palimony? Well, it really depends on the circumstances of each individual case.

Generally speaking, the wealthier spouse will be the one responsible for paying alimony or palimony, but there are other factors that can come into play, such as the length of the marriage, each spouse’s earnings, and whether or not there are minor children involved.

Ultimately, it’s up to the courts to decide who pays what, and they will take all of these factors into consideration.

What Happens if There’s a Remarriage?

Alimony is typically paid in cases where there was a long marriage and one spouse earned significantly more than the other. Palimony, on the other hand, is paid in cases where the couple was not married but lived together for a long time.

If one spouse remarries, alimony payments typically stop, but palimony payments may continue.

What if One Spouse Earns Much More Than the Other?

If one spouse earns significantly more than the other spouse, the court may order that spouse to pay alimony or palimony.

The amount of alimony or palimony that the court orders will depend on a number of factors, including the length of the marriage, the standard of living during the marriage, the earning capacity of each spouse, and the contribution of each spouse to the marriage.

If you are seeking to draft a pre-marital agreement, learn more here and see how a family law attorney can help.

Know the Difference Between Alimony vs Palimony Now

In conclusion, alimony vs palimony is two different things. Alimony is paid by the person who is at fault for the divorce, while palimony is paid by the person who is not at fault.

If you are going through a divorce, make sure you understand the difference between these two terms so you can get the financial support you need.

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