Divorce can be a complicated process, especially when it comes to financial matters like alimony. In New Jersey, you can receive different types of alimony based on your situation. Understanding these options can help you navigate your divorce more effectively.
Temporary alimony
Temporary alimony supports you during the divorce process. This type of alimony helps you maintain your standard of living until finalizing the divorce. It covers everyday expenses like housing, utilities, and groceries.
Rehabilitative alimony
Rehabilitative alimony provides financial support for a set period to help you become self-sufficient. This alimony allows you to pursue education or training to re-enter the workforce. Courts usually grant rehabilitative alimony when you need time to gain skills or education to support yourself financially.
Limited duration alimony
The court awards limited duration alimony for a specific period after the divorce. This type of alimony is common in marriages that lasted fewer than 20 years. The duration of the alimony depends on factors such as the length of the marriage and the recipient’s financial needs.
Reimbursement alimony
Reimbursement alimony compensates you for sacrifices made during the marriage, like supporting your spouse’s education or career. This type of alimony repays you for financial contributions that helped your spouse achieve career goals, which now benefit them post-divorce.
Open durational alimony
You receive open durational alimony when the marriage lasts 20 years or more. This alimony has no fixed end date and continues until either party’s circumstances change significantly, such as retirement or remarriage.
Choosing the right alimony
Understanding the types of alimony available in New Jersey can help you prepare for your divorce. Knowing your options, you can advocate for the support that best suits your needs and ensures a stable future.