The financial side of the divorce process can be difficult to deal with because a person’s finances can completely change once a divorce is finalized. Assets, debts, and property are divided between spouses, and each party may need to pay the other alimony or child support. Many spouses in New Jersey wonder if alimony requests can be denied in our state. Our knowledgeable law firm has the answers you’ll need! Read this blog to learn more, or contact one of our Morris County NJ Alimony and Spousal Support Lawyers for individualized legal counseling.
WHY CAN AN ALIMONY REQUEST BE DENIED IN NEW JERSEY DIVORCE COURTS?
A request for alimony can be denied in court if the judge decides the payments are unnecessary. Another common reason for alimony rejection is that the payer doesn’t make enough money to support both parties. Some states allow the grounds for divorce (such as infidelity) to affect spousal support agreements, but New Jersey is not one of them. The grounds for divorce can only be taken into consideration if the act affected household finances, family businesses, shared accounts, etc. Also, New Jersey courts do not allow spouses who have committed certain crimes (such as serious felonies) to receive spousal support at all. Speak with a lawyer to find out if you’re eligible.
WHAT FACTORS ARE TAKEN INTO CONSIDERATION WHEN DETERMINING ALIMONY?
New Jersey courts determine spousal support based on a large number of factors. Some of the most common considerations include:
- The needs of both parties
- The length of the marriage
- Each spouse’s financial status, including adjusted annual income, debts, earning potential, inheritances, trusts, etc.
- The age and health of both spouses
- Child custody and child support arrangements
- Each spouse’s standard of living during the marriage
- Each spouse’s financial contributions during the marriage
The exact alimony calculation process is pretty complicated, so you might want to contact a lawyer if you need help determining exactly how much alimony you might be asked to pay your spouse. High-quality divorce lawyers will have extensive experience in all aspects of a divorce, including the financial side of things. They will also have the compassion to guide you through this difficult process.
Are you a New Jersey spouse who is considering divorce? If so, you should immediately speak with a trustworthy divorce attorney who can help you through the complicated legal process. Thankfully, our highly experienced law firm is on your side! Contact Townsend, Tomaio & Newmark today for an initial consultation.
