If you're wondering whether it's better to give or receive one large lump-sum payment up-front or monthly spousal-support payments, the answer depends on whether you are paying or receiving support.
Here are some pros and cons to consider, from the perspective of the person who would be paying:
Here are some pros and cons from the perspective of the person who would be receiving:
Each case, of course, has its own unique aspects; what works in one case may not work or even be appropriate in another. Your attorney and a competent matrimonial accountant can help you evaluate whether you should consider a lump-sum payment.
Henry Guberman (CPA/ABV, CFF, CFE, CDFA) is a partner in the Baker Tilly accounting and advisory firm’s forensic, litigation, and valuation services group. His career in public accounting spans more than thirty-five years with a wealth of invaluable experience and a focus on valuation and litigation support services. www.bakertilly.comBack To Top