Some people want to know what their options are when it comes to spousal support, which is often called alimony or spousal maintenance. Basically, it just allows a person to collect payments from their spouse after they have gotten divorced in order to maintain financial stability. Generally, this is administered if one spouse brings in significantly more income than the other spouse does. Alimony protects a spouse with less income from suffering a serious lack of financial stability after the divorce. Some families are a one-income household, so in this situation, spousal support can help the spouse with significantly less or no income at all until they can financially support themselves. The alimony law in New Jersey changed in 2014 and from then on out, there is no longer an option for the less-monied spouse to collect what is known as permanent alimony.
The alimony law in New Jersey changed in 2014 and from then on out, there is no longer an option for the less-monied spouse to collect what is known as permanent alimony. Permanent alimony has been replaced with a concept known as “open-durational” alimony that allows the spouse to collect alimony payments for no longer than the length of the marriage itself.
There are also a number of other forms of alimony that may be more suited to your particular situation. Some alimony agreements are put in place to allow the less monied spouse to go back to school and make it so they are able to financially support themselves. These temporary arrangements can make the transition into life after divorce somewhat easier than it would be if there is also an added financial burden. If you have questions about the possibility for alimony in your divorce, contact an experienced divorce attorney who can provide you with assistance.
Paris P. Eliades Law Firm, LLC is honored to serve the people of New Jersey, including Sparta, Sussex County, Morris County, Passaic County, and Bergen County with the quality legal services they deserve. Contact our firm for a consultation today.