Periodic Alimony Law and Legal Definition
Periodic alimony refers to alimony granted to a spouse with a stream of income for an indefinite period of time. Periodic alimony terminates upon remarriage of the receiving spouse or the death of the paying spouse. The court can upon its discretion issue an order to make a modification on the alimony. Periodic alimony may be modified by increasing, decreasing, or terminating the award.
Traditionally, alimony was only available to women. Nowadays, both men and women can petition a court to award support, although it is still more commonly requested by women who have devoted their energy to raising a family. Periodic alimony cannot be discharged in case of bankruptcy.