In situations where one party faces major changes to their finances, alimony may come into play for couples. Alimony is typically awarded in divorce to ensure that a non-monied spouse can maintain a comparable standard of living to that which existed during the marriage. Yet alimony isn’t a one-size-fits-all situation, nor is it static. The …
Alimony—the legal obligation to provide financial support to a former spouse—can be one of the most contentious parts of a divorce. Alimony amounts do not take into account gender, and in New Jersey, they’re based upon thirteen different statutory factors. The highest-earning spouse, male or female, is typically the party required to pay alimony, although …
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