New Hampshire 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

The easiest way to get out of paying alimony is to have a frank discussion with your spouse about your situation. You may be able to reach an agreement between yourselves (even if it requires a little negotiating). You can also show the court that your spouse is perfectly capable of supporting him- or herself.

New Hampshire's laws To receive alimony, your spouse must prove they have substantial need for your support. They will likely meet this threshold if they cannot make ends meet or maintain your marital lifestyle without your help. In most cases, any support you provide will only last half the length of your marriage.

In RSA 4-a and RSA 4-aa: I. ?Alimony? means one or more payments made to, or for the benefit of, a spouse or former spouse.

Alimony is known as ?spousal support? in New Hampshire. It is crucial to know that in New Hampshire, spousal support is normally given for a certain amount of time, after which it may be changed or discontinued. Depending on the facts of each case, the court may grant either interim or permanent spousal support.

The formula amount is 30% of the difference between the gross income of the spouses, reduced by subtracting child support and the costs of other specified expenses. Cohabitation can affect alimony payments in New Hampshire.

Reimbursement alimony is appropriate in cases where one spouse financially supported the other's education or career during the marriage. The law in New Hampshire permits judges to award one or more payments to compensate a spouse for the contributions during the marriage. (N.H. Rev. Stat.

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New Hampshire Alimony Trust in Lieu of Alimony and all Claims