Couples divorcing in New Jersey might be concerned about certain matters pertaining to their split. One of those is alimony. There are different types of alimony available in the state.
Pendente lite alimony
Pendente lite alimony is a temporary form of alimony that’s awarded in the early stages of the divorce. It’s meant to provide the spouse who earns less money to continue maintaining the financial situation they’ve grown accustomed to during the marriage. This alimony type ends after the divorce is finalized.
Open durational alimony
Open durational alimony is a type of permanent alimony. It’s provided to a spouse when the marriage lasted for at least 20 years and is meant to continue supporting that party up until they reach the age of retirement. However, it could be extended depending on certain factors.
Limited duration alimony
Limited duration alimony is awarded to one spouse for a set number of months or years after divorce. It has a specific end date and is typically given when the marriage lasted around 10 to 15 years.
When one spouse has challenges getting back to work full-time, they might be awarded rehabilitative alimony. This is a type of temporary alimony that the court will allow so that the person can get back on their feet and secure the necessary skills to enter the workforce and be productive at earning a living. It’s meant to pay for education, training and living expenses.
This type of alimony reimburses a spouse for financially supporting the other while they obtained an education or career training. Sometimes, this type is combined with one of the other types of alimony to ensure that the spouse is able to maintain the standard of living they enjoyed during the marriage.