TRIAL BY CHECKLIST: LUMP SUM ALIMONY
August 31, 2010 § 9 Comments
A practice tip about trial factors is here.
The factors that the trial court must consider in making an award of lump sum alimony are:
- Substantial contribution to accumulation of the marital assets by quitting work or assisting in the business;
- A long marriage;
- Financial disparity;
- Other considerations, including payor’s assets and payor’s stability or instability.
Cheatham v. Cheatham, 537 So.2d 435, 438 (Miss. 1988). NOTE: these factors predated Armstrong (periodic alimony) by five years, and the Armstrong factors essentially overlap these. It may be preferable to cover all of the Armstrong factors coupled with a specific request for lump sum alimony as well as periodic or rehabilitative.