Limited Duration Alimony
Divorce can be a stressful and often overwhelming process. Even after the separation has been finalized, disputes over alimony and child support can remain. Here is some information on limited duration alimony and other forms of spousal support you may be entitled to.
Limited Duration Alimony | What is Limited Duration Alimony?
Limited duration alimony is temporary spousal support in which payments are made for a fixed amount of time. In New Jersey, the length of limited duration alimony cannot exceed the length of the marriage. This type of alimony usually applies to marriages of less than 20 years in which the spouse receiving payments is likely to become self-sufficient at some point in the future. 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.
Limited Duration 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.
Limited Duration 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.
If you are looking to set up an alimony arrangement, please contact our experienced New Jersey alimony lawyer today for a free consultation.