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Alimony - The Need For and Fear Of
New Jersey permits by statute two types of alimony, permanent and/or rehabilitative alimony. The statutory criteria for an award of alimony consists of many factors which are set forth below:
When a dependent spouse is of a certain age without the training or skills to become self-supporting or to learn those skills, the Courts will generally award alimony on a permanent basis until death or remarriage. When the dependent spouse is able to learn skills to become self-supporting, the Court will award rehabilitative alimony for a period of time sufficient to enable the spouse to obtain the requisite skills. The Family Part Judge can order a combination of those two types of alimony. A third type of alimony exists which the Court cannot order but which the parties can agree in an out-of-court settlement. Term alimony is alimony for a specific number of years which does not necessarily relate to permanent or rehabiliative factors. The computation of the amount of alimony is one of the most troublesome aspects of family law. Many "breadwinner" spouses have a real fear of alimony and on the contrary, many dependent spouses refuse alimony on principle. However, once the principles of alimony are understood, a workable amount can be computed. The beginning point is too analyze a reasonable budget comparable to that enjoyed during the marriage. When there are insufficient funds to accomplish that goal, the theory becomes one of reducing the lifestyles in a comparable fashion. There are no monetary guidelines for alimony in New Jersey. Therefore, the respective budgets, the child support and college contributions of the parties, as well as each parties' earnings or earning capabilities, determines the amount of alimony.
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Alimony - The Need For and Fear Of
In order for permanent alimony to be awarded in New Jersey, the marriage must have lasted at least 10 years and one spouse must have become economically dependent on the other. This type of alimony allows the obligee to maintain the lifestyle to which he or she has become accustomed for the duration of the obligor's lifetime (unless the obligee remarries).
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Your Right to Child Custody, Visitation & Support Cover Price: $ Your Price: $17.95 You Save: $7.00 "A Plain English Guide to Protecting Your Children" Author: Mary L. Boland, Attorney at Law
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