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Today's Terms
Absolute divorce
Definition:
A divorce in which the marriage is completely dissolved and both parties become single.
Residual Physical Custodial Rights
Definition:
A custody agreement when one parent is awarded visitation by a pre-arranged schedule worked out between the parents or the courts.
Lump-Sum Alimony
Definition:
Lump-sum alimony or alimony in gross refers to alimony that is a fixed payment that generally will be made regardless of circumstances that would be a basis for termination of other types of alimony.
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