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In a proceeding for dissolution of marriage, the court may grant alimony to either party. In any award of alimony, the court may order periodic payments or payments in lump sum or both.
In determining a proper award of alimony or maintenance, the court shall consider all relevant economic factors, including but not limited to:
(a) the standard of living established during the marriage;
(b) the duration of the marriage;
(c) the age and the physical and emotional condition of each party;
(d) the financial resources of each party, the nonmarital and the marital assets and liabilities distributed to each;
(e) when applicable, the time necessary for either party to acquire sufficient education or training to enable such party to find appropriate employment;
(f) the contribution of each party to the marriage, including, but not limited to, services rendered in homemaking, child care, education, and career building of the other party;
(g) all sources of income available to either party;
(h) the court may consider any other factor necessary to do equity and justice between the parties.
To the extent necessary to protect an award of alimony, the court may order any party who is ordered to pay alimony to purchase or maintain a life insurance policy or a bond, or to otherwise secure such alimony award with any other assets which may be suitable for that purpose.
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