Many couples in Michigan reach a point in their relationship where they realize things are no longer as good as they used to be. There are many reasons this can happen, but the crucial thing to remember is that there is nothing wrong with wanting to make a change for the sake of your own and your spouse?s happiness. If you can no longer have that happiness together, planning a divorce may be the best thing you can do.
Like marriage, divorce is the beginning of a fresh chapter of your life and requires quite a bit of planning and consideration. At the heart of this is often the matter of finances. Will you have enough to support yourself once the divorce is complete. How will your property be divided and will either of you be required to make support payments.
It is not uncommon in a divorce settlement for one spouse to be ordered to make alimony payments to the other. As this article on alimony explains, this can be done as a lump sum or in the form of monthly payments over a designated period of time. There are pros and cons to both methods, but a lump sum payment can often only happen with the approval of both the court and your spouse.
Paying in this way does not mean you pay less, but it does mean you no longer have an obligation hanging over your head that both reminds you of your former marriage and can get you into trouble if you miss a month. On the other hand, paying on a month by month basis allows you to spread the cost.
It may seem like a big decision to make, but an attorney may be able to help you weigh up your options. He or she might also be willing to oversee your divorce process and help to ensure that you receive a fair and favorable settlement.