
What “Buying Out” Spousal Support Means
A spousal support buyout occurs when the paying spouse offers a lump-sum payment to the receiving spouse in exchange for waiving all or part of their future spousal support rights. Essentially, instead of making monthly alimony payments over months or years, the parties agree that the receiving/payee spouse will take a one-time payment and give up any claim to future support, or agree to a reduced or limited amount. Why Divorcing Couples Choose a Buyout There are several reasons why

