Hackensack Alimony Lawyers
Count on Laterra & Hodge, LLC for Essential Alimony Guidance
In New Jersey, the monetary support that one spouse is called upon to provide to the other spouse in a divorce proceeding is known as alimony, or spousal support. Under New Jersey law, there is no automatic entitlement to alimony. Rather, alimony is assessed on a case-by-case basis, in which the statutory alimony factors are weighed against the overriding policy considerations underlying an award of alimony.
To help understand what you may be owed or how our Hackensack attorneys can help you, call Laterra & Hodge, LLC at (201) 580-2240.
How Our Hackensack Attorneys Assist with Alimony Issues
Our trusted Hackensack attorneys have a reputation for careful and compassionate guidance for families throughout Bergen County.
We can help you with a number of issues, including:
Understanding Alimony Calculations in New Jersey
An award of alimony recognizes the sacrifices and contributions made by both parties to the marital enterprise, such as a party’s non-financial contributions to a marriage which both impaired that party’s career and earning ability and enhanced the other party’s career and earning ability. Whether you are requesting alimony or paying alimony, we can assist clients with alimony issues and resolve any disputes that arise.
The state of New Jersey takes into account 14 factors, which can include:
- Duration of the marriage
- Age and health of each spouse
- Needs of each spouse
- Financial resources of each party
- Standard of living enjoyed during the marriage
- Earning ability of each spouse
- Any expenses that may be necessary for job retraining
When looking at any or all of these issues, a spouse may be awarded open durational alimony, term alimony for a fixed period, payments needed to rehabilitate one spouse, or alimony needed to reimburse one spouse.
Explore the Various Types of Alimony Available in New Jersey
When going through a divorce, one of the key issues that often arises is the determination of alimony. Alimony, also known as spousal support, is a payment made by one spouse to the other for financial support after the marriage has ended. In New Jersey, there are several different types of alimony that can be awarded, depending on the specific circumstances of the case. It is important to understand these different types in order to navigate the alimony process effectively.
The types of alimony that may be awarded in New Jersey include:
- Open Durational Alimony: This type of alimony is typically awarded in long-term marriages and does not have a specific end date. It is meant to provide ongoing financial support to a spouse who is economically dependent on the other.
- Limited Duration Alimony: Limited duration alimony is awarded for a specific period of time to help the receiving spouse become financially independent. The duration of this type of alimony is typically based on the length of the marriage.
- Rehabilitative Alimony: Rehabilitative alimony is awarded to support a spouse while they undergo education, training, or other means of becoming self-supporting. This type of alimony is often awarded when one spouse sacrificed their career or education for the benefit of the marriage.
- Reimbursement Alimony: Reimbursement alimony is awarded to compensate a spouse for financial contributions they made during the marriage that directly benefited the other spouse's education or career advancement.
- Reimbursement Alimony: Reimbursement alimony is awarded to compensate a spouse for financial contributions they made during the marriage that directly benefited the other spouse's education or career advancement.
At Laterra & Hodge, LLC, our experienced Hackensack alimony lawyers can help you understand the different types of alimony and how they may apply to your specific situation. We will work closely with you to develop a strategy that aims to achieve a fair and reasonable alimony arrangement. Contact us today to schedule a consultation.
To learn more and discuss your situation, call (201) 580-2240 today. We offer free initial consultations to help you get started.
