TYPES OF ALIMONY
New Jersey (NJ) Alimony Family Law Attorneys
There are various types of alimony in the State of New Jersey. Our NJ family law attorneys can assist you in determining which type(s) of alimony would be appropriate in your matter. The different types of alimony include:
- Pendente lite alimony: This type of alimony payment is typically called spousal support. It is awarded during the divorce process in order to preserve the financial status quo that existed during the course of the marriage pending a final divorce decree.
- Rehabilitative alimony: This type of alimony payment is designed to allow the spouse receiving the support to strengthen their skills through education and training. The purpose of rehabilitative alimony is to assist the spouse receiving the payments to re-integrate himself or herself into the workforce by providing him or her the tools necessary to find gainful employment. The payment duration for rehabilitative alimony is usually short-term.
- Permanent alimony: This type of alimony payment is usually awarded after a long-term marriage. The purpose of permanent alimony is to allow the party receiving alimony to live a lifestyle comparable to that in which he or she had become accustomed during the marriage.
- Limited duration alimony: This type of alimony is also referred to as term alimony and it provides for payments to be made only for a specified time frame. The start date and end date of a limited duration alimony award are fixed with the term being a specified number of months or even years. Limited duration alimony is generally utilized in situations where a permanent alimony award is deemed to be too long given the length of the marriage and/or other relevant factors.
- Reimbursement alimony: This type of alimony recognizes the contribution of one spouse made to the other spouse’s career, education, or advancement.
It should be understood that different forms of alimony may be combined for varying periods of time. Additionally, there are typically tax advantages for the party making alimony payments. Traditionally, the payor, the person making the alimony payments, deducts alimony for tax purposes, while the supported spouse, the person receiving the alimony, pays taxes on the alimony since it is generally considered to be income in the State of New Jersey.
Contact our New Jersey alimony and family law attorneys at 973-457-1244 to schedule a FREE INIITIAL CONSULTATION to discuss your individual case and needs. We will help you understand the alimony statute, pursue a modification to an already existing alimony court order, and address any other family law issue in which you need assistance.
