Alimony & Spousal Support
Put 50+ Years of Combined Experience on Your Side
When divorce or separation occurs, it is important to obtain a fair settlement. Whether you are the spouse seeking support or the spouse trying to protect your assets, our firm is here to help you get what you deserve after a divorce.
With the right Monmouth County divorce attorney on your side, you can negotiate a spousal support order that works to your benefit.
Why Work With Our Firm On Your Spousal Support Case?
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What is Alimony?
Alimony, also known as spousal support or maintenance, refers to the financial support that one spouse may be required to pay to the other during or after a divorce or separation. The purpose of alimony is to help the recipient spouse maintain a similar standard of living to what they enjoyed during the marriage. It is a legal obligation, and the terms can be determined through negotiations between the divorcing parties or by court order.
Alimony is designed to address financial disparities between spouses, especially in situations where one spouse may have a significantly higher income or financial resources than the other. The goal is to provide economic support to the spouse who is economically dependent or disadvantaged due to the marriage.
It's common for individuals going through divorce to seek legal advice to understand their rights and responsibilities regarding alimony. A family law attorney can help navigate the complexities of alimony laws and advocate for their clients' interests. Alimony laws can vary by jurisdiction, so it's important to consult with a legal professional who is familiar with the specific laws in your area.
Contact The Law Office of Darren C. O'Toole, LLC today if you would like to schedule your free confidential consultation.
What Type of Alimony Could I Receive?
In the state of New Jersey, there are five types of alimony that a spouse may be forced to pay. It is important to know what type of alimony will be involved in your case, especially if you are facing a difficult, contested divorce.
You may be required to pay or may be eligible to receive the following:
- Reimbursement alimony: repayment for expenses that were paid out on the other spouse's behalf, such as spouse supporting the other spouse while they get a degree.
- Open-durational alimony: payments that will last until one of the spouse's death. This often occurs in situations where one spouse was dependent on the other spouse for finances or one spouse is disabled.
- Limited-duration alimony: temporary payments for one spouse who needs time to financially recover from the divorce.
- Rehabilitative alimony: payments that are designed to support a spouse while they receive training to enter the workforce.
Key Factors in Determining Alimony in Monmouth County
- The supporting spouse's ability to pay
- The duration of the marriage
- Parental responsibilities
- Each spouse's current income and earning capacity
- Each spouse's education levels
- The standard of living for both spouses
- Each spouse's age and physical and emotional health
Whether you are being asked to pay alimony or would like to receive alimony from an ex-spouse, you will want a skilled Monmouth family lawyer on your side. At The Law Office of Darren C. O'Toole, LLC, we are prepared to help you to pursue a favorable outcome.
Contact Our Monmouth County Lawyers Today if you would like to talk with our Monmouth County lawyers about your situation.