Alimony Reform Bill Wins State Assembly Approval
The New Jersey Senate today approved a bill designed to reform the State’s outdated alimony laws. The bill, which won State Assembly approval last week and would impact future divorce agreements if adopted, represents a compromise of various proposals State lawmakers have been considering for more than two-and-a-half years.(1) And, although it did not satisfy all elements the various interest groups involved sought, the proposed bill does address a number of concerns not provided for under the State’s current alimony laws.(2)
One of the biggest changes contained in the proposed bill is the elimination of the term “permanent alimony” which has been a major source of confusion. That term would be replaced with “open duration alimony” and courts would be provided with a specific list of factors to consider in determining the length of an alimony award and the circumstances under which payments could be terminated on a case-by-case basis. The factors to be considered include:
• The age of the parties when they married and separated;
• The ability of each party to maintain a standard of living;
• The need for separate residences;
• The level of dependence of one party on the other; and
• Any health or related issues of either party.(3)