An Eye-Opening Review of New Jersey’s New Alimony Law ReformBy Moskowitz Law Group, LLC |
It’s an earth-shattering and monumental change when it comes to divorce law, but here it is: New Jersey now sees a change in alimony law that could drastically change case dynamics, especially if parties and lawyers alike aren’t careful and aware about what the new codes and statutes entail. Here’s what’s important to know about New Jersey’s new alimony law reform –
The issue as already addressed last year with the case of Gnall vs. Gnall, 432 N.J. Super. 129 (App. Div. 2013) regarding a 15-year marriage qualifying for a permanent alimony award revolves around the fact that the word “permanent” will no longer be referenced in the statute. That means a marriage of as long as 15 years won’t qualify for a “permanent” award of alimony. Nothing for that matter will be “permanent,” but will be considered “durational” dependent on the case and situation. This largely involves the issue of retirement as well.
- Standard of Living
- Pendente Lite Support
- Weight of Alimony Factors
- Duration of Alimony
- Reimbursement Alimony
- “Open Durational” Alimony
- Modification of Alimony
It’s important to know this, because previously alimony would be something provided continuously and permanently throughout the spouse’s life given the particular circumstances. That’s not the case anymore. With regard to all these factors now, the duration of alimony – as well as the amount per alimony payment – will be determined, and it most definitely won’t be considered a “lifetime supply of funds” the other spouse must pay.
Consider consulting with your attorney about this new development, and look at the possibilities of just how much alimony you’ll have to pay or receive with this new law in place. Be prepared.