When two people decide to end their marriage, the stress associated with getting divorced — negotiating asset division, deciding custody issues, etc. — can feel overwhelming. Unless you are lucky enough to have high net assets (which comes with its own set of complications), you are likely facing an uncertain financial future.
Speak to a knowledgeable New Jersey divorce attorney who will make sure you and any children you have will be financially protected now and in the future. Ron Graziano, managing partner of Graziano & Flynn, P.C. of Cherry Hill, NJ, will negotiate an alimony arrangement that will allow you to retain your current lifestyle. Mr. Graziano was a certified trial attorney for over 25 years and has also been listed in the publication “The Best Lawyers in America.”Make Sure Your Alimony Arrangement is in Your Best Financial Interest
If you are the main bread winner in your family, you will likely be in a situation where you are going to have to pay your ex-spouse alimony – the legal obligation on a person to provide financial support to his or her spouse before or after divorce. Conversely, if you are the would-be recipient of alimony payments, you probably contributed to the marital home in many ways, though not always financial in nature. In this case, you feel, rightly so, that you are entitled to compensation that will allow you to live in the lifestyle you’ve become accustomed.NJ Family Courts Have Options When It Comes to Awarding Alimony
Temporary or Limited Duration Alimony: If one spouse needs short-term assistance to pay for living expenses during the divorce process, temporary alimony may be awarded. If a judge grants limited duration alimony, one spouse will be paid alimony by the other until the dependent spouse can support themselves financially.
- If one spouse is going through training or schooling that will result in the ability to support themselves in the future, they can ask for rehabilitative alimony.
- Reimbursement alimony will be awarded to a spouse who supported the other spouse while they advanced their own education and career.
- There is also the possibility that lifetime alimony, also called permanent alimony, will be awarded for long-term marriages. If the spouse who will be receiving the alimony is not working, the court will determine how much alimony they will get based on what they would be earning if they had a job – if the judge believes there is no reason they can’t or shouldn’t be working.
The permanent alimony debate is a hotbed of contention in New Jersey. Many people believe that a spouse who gave up their own career aspirations to raise a family or to take a back seat to the other spouse’s career for a long time should get alimony for the rest of their lives. On the other hand, many say that lifetime alimony creates absolutely no incentive for the lesser-earning spouse to go out and try to get a job to sufficiently support themselves in the future.
The pros and cons are quite obvious for the spouses facing lifetime alimony; a recipient is likely relieved while the spouse being forced to pay may view the alimony order as more of a lifetime sentence.
When it comes time to discuss and negotiate alimony, or argue your case in front of a family court judge who will rule one way or the other about your alimony, talk to attorney Ron Graziano. There are no specific alimony calculators in the New Jersey statutes. Each case is decided based on the information presented to the judge. Mr. Graziano will make sure your alimony agreement is in your best interests, not your spouse’s.
The entire alimony area is in a state of flux and the New Jersey Legislature is considering many statutory modifications. Although no one knows the ultimate outcome of the legislative process, you need an experienced attorney to attempt to anticipate the impact possible changes could have on your situation.Talk to NJ Alimony Lawyer Ron Graziano for Free
Divorcing your spouse and beginning your life again isn’t an easy road to travel — for anyone involved. It’s further complicated when you are worried about finances. Don’t go it alone. You need an NJ alimony lawyer who understands the complex laws regarding these issues in New Jersey.
Contact our Cherry Hill, NJ law firm for a free consultation today. We invite you to speak with Ron Graziano by calling 856-499-4351 or at toll free 866-948-7568. Or, fill out our convenient online form and we will get back to you promptly. Mr. Graziano will work hard on your behalf to get you the alimony agreement you need so you can move on and begin to rebuild your life.