Experienced Spousal Support and Alimony Attorneys in NJ and NY
Alimony or spousal support refers to a designated amount of money paid from one spouse to another for a specified period of time following the divorce.
One spouse pays alimony so as to create financial security for both spouses and to help the lower-earning or non-earning spouse to gain financial independence.
The amount paid is based on the lifestyle, age, health and earning capacity of each party.
When a couple goes to court to resolve disputes related to a divorce, the judge follows a formula to determine the amount and duration of alimony payments. When a couple chooses to mediate or resolve their disputes using some other form of alternate dispute resolution, the alimony will be based on actual needs and ability to pay.