Louisiana Alimony Trust in Lieu of Alimony and all Claims

State:
Multi-State
Control #:
US-02105BG
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement in which Spouse A (the spouse who is ordered by the court to make alimony and/or child support payments to Spouse B) must put assets (the principal) in a trust, from which the payments are made to Spouse B.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

In most cases, Louisiana law limits the amount of final periodic spousal support to no more than one-third of the paying spouse's net income. However, a judge may award support over that limit when the paying spouse was guilty of domestic abuse. (La. Civ.

Louisiana law allows for different types of spousal support, including interim spousal support, final periodic support, and rehabilitative support.

Courts would prevent spouses from collecting any final alimony if they were found to be at fault for the divorce. So spouses who commit adultery that leads to the marriage breakdown are not eligible for support in Louisiana.

Calculating Alimony in Louisiana The amount of interim spousal support, final periodic support, or permanent support will depend on the paying spouse's net income. Generally, spousal support awards won't exceed 30% of the spouse's income.

In most cases, Louisiana law limits the amount of final periodic spousal support to no more than one-third of the paying spouse's net income. However, a judge may award support over that limit when the paying spouse was guilty of domestic abuse. (La. Civ.

Alimony payments must be made by cash, check or money order. The spouses must live apart or in separate locations. There is no liability for the paying spouse to continue to make alimony payments after the recipient spouse has died.

Louisiana's rules on alimony and adultery may surprise you. One spouse's adultery does not automatically condemn him or her to pay alimony to the other spouse. In fact, a Court may temporarily award the adulterer alimony from the wronged spouse. This state of affairs is the result of Louisiana's law on spousal support.

Final periodic support is the most common type of alimony in Louisiana, and it's generally awarded until the receiving spouse can gain financial independence. A court can order one of the spouses to pay final periodic spousal support until the other spouse dies, remarries, or no longer requires financial support.

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Louisiana Alimony Trust in Lieu of Alimony and all Claims