Alimony in Solido in Tennessee Divorce
Alimony in Solido is also called “lump-sum” alimony. It is a definite sum of money paid in a lump sum or in installments over time to adjust distribution of marital property in Tennessee divorce.
Alimony in Solido
[A]limony in solido, is also a form of long-term support. The total amount of alimony in solido is set on the date of the divorce decree and is either paid in a lump sum payment of cash or property, or paid in installments for a definite term. (“Alimony in solido consists of a definite sum of money that is paid in a lump sum or in installments over a definite period of time.”). “A typical purpose of such an award would be to adjust the distribution of the parties’ marital property.” Alimony in solido “may be awarded in lieu of or in addition to any other alimony award, in order to provide support, including attorney fees, where appropriate.” Unlike alimony in futuro, the other form of long-term support, alimony in solido is considered a final judgment, “not modifiable, except by agreement of the parties,” and does not terminate upon the death or remarriage of the recipient or payor spouse.
From the Supreme Court of Tennessee’s landmark alimony case in 2011, Gonsewsky. Citations omitted.
For more information about Tennessee Alimony Law, see:
- Tennessee Alimony Law in Divorce | Answers to FAQs
- Top 5 Tennessee Alimony Strategies in Divorce
- Tennessee Alimony in Futuro (Periodic)
- Tennessee Rehabilitative Alimony
- Tennessee Transitional Alimony
- Tennessee Alimony Factors
- Tennessee Alimony Modification Law
- Tennessee Alimony Statute Section 36-5-121