Alimony – Changed forever

 

On Wednesday, September 10, 2014, with a stroke of his pen, Gov. Christie made major modifications to our Alimony statute.  The new law abolishes permanent alimony, establishes durational limits and enumerates certain factors concerning modification and termination of alimony.

Highlights of the law are:

  • Elimination of permanent alimony
  • Limiting the term of alimony to no more than the length of the marriage in marriages less than 20 years
  • Codifying when alimony can be terminated or modified by reason of the recipient’s co-habitation
  • Making reimbursement alimony non modifiable
  • Alimony presumptively terminates when the payer spouse reaches full retirement age

The complete text of the law (NJS 2A:34-23) may be found here:

http://www.njleg.state.nj.us/2014/Bills/AL14/42_.PDF