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Alimony is often one of the most combative areas of a Divorce. Determining how much alimony and for how long is often fought about as people rarely want to pay their soon to be ex-spouse and the soon to be ex-spouse will rarely be happy with the amount offered. Many people find themselves having to look for new employment or an adjusted quality of life as a result of a divorce. Parties need to remember that they will now be running two households on the same amount of money they used to run one. This is a challenge.
It is not uncommon for one spouse to be ill-equipped to provide for themselves financially, especially if they were the spouse taking care of the children or the household. In instances such as this, the ex-spouse who has adequate financial means may be required to make spousal support or alimony payments to the other person. Our Middlesex County alimony lawyer can represent you throughout your divorce proceedings to ensure a fair alimony agreement is drafted no matter which side you are on. Negotiating the proper amount of alimony will be essential for your future and ability to provide for yourself after your Divorce.
To learn how our East Brunswick divorce attorney can help you, call Rozin | Golinder Law, LLC at (732) 810-0034.
In the state of New Jersey there are several types of alimony awards:
- The actual need and ability of the parties to pay;
- The duration of the marriage or civil union;
- The age, physical, and emotional health of the parties;
- The standard of living established in the marriage or civil union and the likelihood that each party can maintain a reasonably comparable standard of living with neither party having a greater entitlement to that standard of living than the other;
- The earning capacities, educational levels, vocational skills, and employability of the parties;
- The length of absence from the job market of the party seeking maintenance;
- The parental responsibilities for the children;
- The time and expense necessary to acquire sufficient education or training to enable the party seeking maintenance to find appropriate employment, the availability of the training and employment, and the opportunity for future acquisitions of capital assets and income;
- The history of the financial or non-financial contributions to the marriage or civil union by each party including contributions to the care and education of the children and interruption of personal careers or educational opportunities;
- The equitable distribution of property ordered and any payouts on equitable distribution, directly or indirectly, out of current income, to the extent this consideration is reasonable, just and fair;
- The income available to either party through investment of any assets held by that party;
- The tax treatment and consequences to both parties of any alimony award, including the designation of all or a portion of the payment as a non-taxable payment;
- The nature, amount, and length of pendente lite support paid, if any; and
- Any other factors which the court may deem relevant.
Only after applying these factors to your case will the Court make a decision as to alimony.
Finally, something to consider is that alimony is considered taxable income to the spouse receiving it and tax deductible to the spouse paying it.
When clients work with Rozin | Golinder Law, LLC, they work with the specific attorney who handles their case. Our lawyer doesn’t hand off the case to someone else who isn’t qualified. In fact, we strive to provide all of our clients with the same level of personal attention as though they are our own friends and family. You can call our firm for counsel whether you are in Monmouth County, Somerset County or Union County.
Set up you free case consultation by calling us at (732) 810-0034.