Explain the following concept Alimony
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Alimony is the money paid by the husband to the wife after separation or divorce for her upkeep.
Explanation:
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Answer:
Alimony is the money paid by the husband to the wife after separation or divorce for her upkeep.
Explanation:
An award of alimony may include, in addition to a sum of money in lump sum and/or periodic payments, transfer of title or possession of personal property and an interest in property, a security interest in or possession of real property. Both periodic and lump sum payments may be for a limited, specified term.
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