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Today's Terms
Divorce agreement
Definition:
A divorce agreement spells out the terms of the divorce and the relationship between the two spouses after the divorce. These agreements usually cover property division, child custody and child plans, debt division, spousal support, and any other relevant issues related to the divorce.
Rehabilitative Alimony
Definition:
Rehabilitative alimony refers to alimony that is given to a spouse so that the spouse may “rehabilitate” herself or himself in the sense of acquiring greater earning power or training in order to become self-supporting.
Reimbursement Alimony
Definition:
Reimbursement alimony, as the name implies, is designed to reimburse one spouse for expenses occurred by the other.
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