- We’ve eliminated the concept of permanent alimony. In its place, the legislator has substituted the phrase “Open durational alimony”.
- You can never receive alimony greater than the length of your marriage, except in exceptional circumstances. If you’re married 10 years, you would typically only receive alimony up to 10 years.
- The law now provides a rebuttable presumption that at age 67, you can retire. What does that mean? That means that your spouse who’s receiving alimony can contest it, but you get the presumption that you’re permitted to retire.
- This new law proves that in certain industries, you should be able to retire based upon what that industry contemplates. You may retire at an earlier age because there are natural things that happen to our bodies.