Alimony in New Jersey: What you Need to Know - PowerPoint PPT Presentation

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Alimony in New Jersey: What you Need to Know

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| Alimony varies state by state in the United States. In NJ, there are four common types of alimony. A judge’s decision in awarding alimony depends on many factors, several of which are outlined in this presentation. – PowerPoint PPT presentation

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Title: Alimony in New Jersey: What you Need to Know


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  • Alimony is rarely one size fits all and is
    customized for every divorcing couple. Many
    factors come into play during a courts decision
    as to which party should pay alimony in a
    divorce. There are several types of alimony, and
    it helps to have a professional advocate at your
    side when navigating this process. Attorneys
    experienced in family law and family financial
    matters can handle your alimony proceedings.

3
  • The length of a marriage is one factor when
    determining alimony, as is the age of both
    parties. Similarly, the health of both parties,
    and therefore their future earning potential, has
    a say in a courts decision. Other factors that
    may influence alimony proceedings include each
    spouses work history, education, and more.

4
  • Alimony is essentially the idea that when your
    marriage ends, both spouses should be able to go
    on living as they were before the divorce. The
    person with the most income will likely have to
    share that income with their spouse. The standard
    of living in a marriage is the description of how
    you lived as a married pair, and certainly varies
    from couple to couple. For some, this involves
    multiple homes, cars, and vacations other
    couples have less capital to handle in a divorce.

5
  • Each spouse's ability to sustain a similar
    standard of living is a factor considered during
    alimony proceedings. This includes their career
    history and ability to retain further education,
    if needed. Also, length of time away from the job
    market, if applicable, will be considered in
    alimony proceedings in New Jersey.

6
  • This form of alimony often arises in the
    situation where one spouse supports the other
    while he or she is working on receiving a degree.
    In the case of divorce soon after a degree is
    received, a court may award reimbursement alimony
    to the benefactor of the education costs. As time
    goes on, however, the likelihood of reimbursement
    alimony diminishes. Still, the paying spouse may
    be able to receive part of the value of the
    degree in equitable distribution of the marital
    assets.

7
  • For spouses who have been out of the workforce,
    rehabilitative alimony is financial support that
    is provided for a short period of time so the
    recipient can adjust. This type of alimony will
    allow the divorced spouse time to "rehabilitate"
    him or herself financially. After a divorce is
    finalized, the judge will award rehabilitative
    alimony to be paid until unique criteria are met,
    such as remarriage and/or gaining employment.
    Despite the seemingly cruel label,
    "rehabilitative" does not imply personal fault
    and has been used as a legal term for decades.

8
  • Limited duration alimony is paid for a unique
    period of time the alimony terminates upon
    completion. This form of alimony usually exists
    when the marriage was not long enough to justify
    long-term alimony. Amount of limited duration
    alimony and length varies based on many personal
    factors, like marital assets and work history.

9
  • This form of alimony was usually awarded in
    situations where both parties were married for
    significant length before the divorce. In most
    cases, permanent alimony ws awarded when one
    spouse was financially dependent on the other
    during the marriage. However, New Jersey governor
    Chris Christie recently signed a bill that will
    limit payments to the length of any marriage that
    lasts less than 20 years and end most alimony
    support after the paying spouse retires.

10
  • Located in Nutley, New Jersey, The Micklin Law
    Group is dedicated to meeting the needs of their
    clients using personalized service and expert
    counsel. They pride themselves on efficient and
    frequent communication designed to help clients
    faced with often-overwhelming legal tasks. Unlike
    large firms where clients are just a number, The
    Micklin Law Group follows every detail of a case
    from beginning to end.
  • To learn more, please call 973-562-0100 or visit
    http//micklinlawgroup.com/.

11
Sources
  • http//micklinlawgroup.com/family-law/spousal-supp
    ort/

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Summary
  • Alimony varies state by state in the United
    States. In NJ, there are four common types of
    alimony. A judges decision in awarding alimony
    depends on many factors, several of which are
    outlined in this presentation.
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