How to Protect Your Alimony from the Economy and Other Unknowns

Jeffrey A. Landers • Divorce Financial Strategist™ and founder of Bedrock Divorce Advisors, LLC

Even if you do choose to accept periodic alimony payments, there are ways to help protect yourself. For example, any woman who plans to accept periodic alimony payments should establish a life insurance policy to secure alimony payments and enable her to receive a tax-free, lump-sum payment of what she would have received over time from her alimony, child support and/or other divorce-related payments should her ex-husband die.

If you choose to take this route, it’s best to establish this life insurance policy before the divorce has been finalized. After the divorce, your ex-husband may refuse to cooperate in getting the required medical exam, or you may discover during the process that he is uninsurable.  Either way, you need to know this before the divorce is settled so that, if necessary, you can find alternate ways of securing your divorce settlement payments.

Don’t let a change in your ex-husband’s financial status impact your financial well-being after your divorce.  Before you agree to any divorce settlement, please make sure you thoroughly consider all the alimony options available to you. You may find that an upfront lump sum alimony payment is your best financial option, and that it gives you peace of mind, knowing that his financial problems are no longer your financial problems.

Photo courtesy infografick/Shutterstock

Jeffrey A. Landers, CDFA™ is a Divorce Financial Strategist™ and the founder of Bedrock Divorce Advisors, LLC ( a firm which exclusively advises affluent women throughout the United States before, during and after divorce.  He assists women and their divorce attorneys with deciding on the most advantageous way to divide marital assets and enable them to negotiate more favorable settlements, especially when there are complicated financial and tax issues. Jeff also advises happily married women who have seen their friends blindsided by a divorce initiated by their husbands and wonder (wisely) how financially vulnerable they’d be in that situation. Jeff developed the nation’s first Just in Case(TM): Secure Your Financial Future,a one-hour program, which quickly shows married women how to be prepared in the event of a future divorce with immediate, practical steps. He can be reached at All articles/blog posts are for informational purposes only, and do not constitute legal advice. If you require legal advice, retain a lawyer licensed in your jurisdiction. The opinions expressed are solely those of the author, who is not an attorney. Follow Jeffrey A. Landers on Twitter:

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