Four Types of Alimony

Four Types of Alimony

Four Types of AlimonyIn New Jersey, there are four types of alimony, or spousal maintenance, that may be appointed to you following a divorce. It is important to have an experienced New Jersey divorce attorney by your side to help both parties mutually agree to an arrangement that works out best for both.

Four Types of Alimony | Open Duration

Formerly known as permanent alimony, open duration alimony applies to marriages over 20 years in which there is a relatively large disparity between incomes after divorce. For example, if one spouse was a homemaker or gave up career opportunities in order to support the other, they will likely never be able to reach the same standard of living they had during marriage. When this type of alimony is awarded, there is no fixed end date. However, payments may be modified if circumstances such as retirement or remarriage occur.

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Four Types of Alimony | Rehabilitative

Rehabilitative alimony is a series of payments made by one spouse so that the other can become self-sufficient. For instance, if one spouse wishes to pursue a degree or some form of vocational training after divorce in order to become fully independent, then the court may order the other spouse to pay alimony to support this goal. Rehabilitative alimony is awarded for a set timeframe based on the receiving spouse’s plan to become self-sufficient. This can be issued alongside limited duration or open duration alimony.

Four Types of Alimony | Reimbursement

Reimbursement alimony is awarded when one spouse has provided financial support to further the other’s education, such as medical or law school, but is unable to share in the earnings generated from that higher education because of the divorce. If both spouses contributed to an advanced degree during marriage, then New Jersey law stipulates that both spouses are entitled to the benefits. Reimbursement alimony can be awarded along with other types of alimony and is not subject for modification.

The amount of alimony paid during this fixed time can be subject to change. However, the length of time itself cannot be modified once it has been appointed. Contact our office today to schedule a free consultation.

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