By Tanya Helfand | Published December 1, 2020 | Posted in Alimony, Divorce | Tagged Tags: Alimony, alimony awards, Divorce, statutory factors for determining alimony |
Some of the nuances of alimony awards
One of the most important aspects of a divorce is determining alimony. Not every divorce case includes an alimony component. If there is a significant difference in the parties’ earnings during the marriage then alimony will typically be awarded. Alimony is specifically for the benefit of the spouse. It is separate from child support. Pursuant Read More
Read MoreSpousal Support/Alimony
In New Jersey the law governing spousal support changed in 2014 with the Amendment of the Alimony Act. A shift in the law and subsequent cases more nearly equalizes the rights of divorcing spouses to both be able to live the former marital lifestyle and if it is not possible, both spouses will have to Read More
Read MoreThe Alimony Debate
Alimony is financial support paid to a spouse when there is a divorce. It is not paid in all divorce cases. The general economic purpose of alimony is to prevent dependence on welfare benefits and to ensure that a spouse with significantly less income can maintain a reasonable standard of living. When a marriage ends Read More
Read MoreNo Compromise Equals Collateral Damage
During a divorce, parties need a plan to live by until the divorce is finalized. Each family has its own issues to be faced in the interim period between when a divorce is filed and the final divorce. The final divorce can be months or years later. If the parties are unable to work out Read More
Read MoreRetirement and Alimony
After a long term marriage, when divorce occurs when people are older and getting to the time of retirement, the issues of alimony and equitable distribution require planning for retirement. If someone is getting divorced at age 55 who is married for 25 years but can retire at 67, the alimony may stop at retirement. Read More
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