Greetings. Income is not the only factor for alimony. The marriage, fault, children, length of marriage, amount of debt, estates of the parties, expenses, standard of living, etc. are factors for alimony. While I could say that the dependent spouse may be entitled to $2,000.00 a month in alimony, after hearing the remaining facts in the matter I may change my opinion on the amount of alimony.
Yes, the equity in a house may be used as a form of "lump sum"
alimony. Thank you.
Janet L. Fritts
Attorney at Law
4101 Lake Boone Trail, Suite 200
Raleigh, North Carolina 27607
The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service but a full discussion with an attorney should be undertaken before taking any action.