A common question asked in consultations is whether or not permanent alimony actually means that it is permanent. Unfortunately, although the word “permanent” implies that you will receive said alimony payments forever, it is a misnomer. It is called permanent not because you pay it until someone dies but rather because there is no set end date. If you are receiving permanent alimony, the payor has the right to have said alimony reviewed based upon a substantial change in circumstances. A good faith age of retirement would be a basis to have your alimony obligation modified and/or terminated. [posted by Lynda Picinic, Esq.]
When is a Child Legally Emancipated?
Some states set a specific age for when a child is legally emancipated. New Jersey does not, which can complicate matters like child support agreements. Fortunately, there are now some clear laws on the books about when a child becomes emancipated. A lawyer from our firm can tell divorced parents what they need to know…