Determining the length of time that you will pay (or receive) alimony in a divorce here in Monmouth County is not an exact science.
If your marriage is longer than 20 years, then you will have "open duration alimony".
Open Duration Alimony (called "permanent alimony" or, by some people incorrectly "lifetime alimony" previously) means that alimony is paid until a Superior Court judge rules that circumstances have changed such that alimony should end, or unless the recipient of alimony agrees that it should end (if you are a payor, good luck with that one!)
For example, a supporting spouse who is married at age 20 and got divorced at age 41 would be ordered to pay "open durational alimony".
The open durational alimony would normally run until the payor is 67 years old, at which time if he wishes to retire and stop paying alimony he would file a motion with the court seeking to terminate his alimony obligation.
There is a presumption in the law that for someone divorced after September of 2014 that once a payor of alimony reaches age 67, then he should be allowed to stop working and possibly stop paying alimony.
There is no such presumption for people who were divorced before September of 2014.
THERE'S A LOT MORE FREE HELP WHERE THIS ARTICLE CAME FROM
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Until next time,
Steve
Steven J. Kaplan, Esq.
Specializing In Divorce
In Monmouth County
5 Professional Circle
Colts Neck, NJ. 07722
www.KaplanDivorce.com
(732) 845-9010