If you are facing a divorce and believe that you require alimony, it is important to understand the different types of alimony that are available to residents in New Jersey. To learn the four primary types of alimony in New Jersey, continue reading. For assistance with your alimony and spousal support matters, do not hesitate to reach out to our experienced New Jersey alimony attorney. We would be happy to assist you. Give our firm a call today to schedule your initial consultation.
What are the different types of alimony in New Jersey?
The following are the four primary types of alimony that are available to residents of New Jersey who have been dependent on their spouse financially and are now entering a divorce:
- Open-durational alimony: Open-duration alimony is typically used for spouses who have been married for over 20 years. There is no set end date for this type of alimony. However, the amount can be modified based on the following significant changes in circumstances: remarriage, cohabitation, and earning/receiving a sum of money.
- Reimbursement alimony: Reimbursement alimony is typically used for spouses who pool their resources to allow a single party to pursue higher education. The spouse who sacrificed their own earning potential or education opportunities may be entitled to reimbursement for their sacrifices.
- Rehabilitative alimony: Rehabilitative alimony is generally used for spouses who require additional schooling or vocational training to become financially independent. This may be used when one spouse left their job to care for their children. They may need rehabilitation alimony due to the loss of necessary skills to return to employment. Rehabilitation alimony will be utilized to allow that individual to undergo training to re-enter the workplace.
- Limited-duration alimony: Limited-duration alimony is generally used for spouses who have been married for a short period of time. Limited-duration alimony will last until a set date or self-sufficiency has been reached.
What do the courts consider when deciding alimony?
The following factors will be considered by New York courts when determining the amount of alimony that will be received in a divorce:
- The duration of the marriage
- The standard of living established in the marriage
- Both spouses’ age and health
- If spouses have any children
- The child custody agreement
Contact our experienced Bergen County firm
At Townsend, Tomaio & Newmark, our attorneys have extensive experience helping clients to understand and protect their legal rights before, during, and after the divorce process in towns across New Jersey and Bergen County, including Hackensack, Ridgewood, Paramus, Teaneck, and Fort Lee. To speak with our team of divorce lawyers today in a free and confidential consultation regarding your concerns about your divorce, please contact us online, or through our Hackensack, NJ office at (201) 397-1750.