Handling Alimony & Spousal Support Cases for New Jersey
One of the most contentious aspects of any divorce is alimony. Alimony is the financial support that one spouse pays to the other after a divorce is finalized. No one wants to pay it and everyone wants to receive it. In a divorce, either party – regardless of gender – may have to pay or may qualify to receive support.
When starting the divorce process, clients often want to discuss alimony immediately and have every right to be concerned about their financial future. We understand this concern and are prepared to discuss your options and give you realistic expectations of what you may have to pay or receive once your divorce is final.
What Are The Types of Alimony?
In New Jersey, there are four recognized types of alimony, permanent alimony used to be one type, but is no longer New Jersey law since 2014. The four types of alimony are open durational, limited durational, rehabilitative and reimbursement. Open durational alimony is support paid by one spouse to the other after a marriage of more than twenty (20) years. Alimony is no longer considered permanent, which means open durational alimony will have a termination event. This is often defined a final settlement between the parties or can be defined by the Court. Rehabilitative alimony can be awarded to provide short-term support for educational and training purposes. This requires a detailed plan including timeframe leading to eventual employment. Limited durational alimony may be given in shorter marriages where one spouse needs temporary financial support to establish his/her post-divorce life. And finally, reimbursement alimony can be provided to a spouse who supported the other through extensive education and training for a lucrative career.
Calculating Alimony in New Jersey
When determining alimony, the goal of the court is to ensure that each spouse maintains a standard of living similar to what they enjoyed while married. There is not one single formula that New Jersey courts use to decide upon and award alimony. Instead, there is a loose set of guidelines suggesting factors that may be considered in determination.
The length of the marriage
The marital lifestyle the couple enjoyed
The income of both spouses
Each spouse’s educational level
Each spouse’s employment history and future employment opportunities
Other financial obligations, such as child support
Work With Arndt & Sutak
Whether you are the one who is paying alimony or will receive it, you need a skilled team of New Jersey alimony attorneys that can evaluate all aspects of moving forward with your new life and negotiate a financial future for your happiness and comfort. Our experience can be of great assistance in sorting out these legal obstacles.