No matter the situation of your divorce, you should not suffer economic hardship from the separation. Even if you are a stay-at-home spouse, the value you put into your relationship still has worth. Alimony helps you ride out those financial hiccups as you secure your own way going forward.
Some details may determine your short- and long-term future, depending on the type of alimony the courts award. As FindLaw notes, New Jersey statutes detail four distinct types of alimony that help determine amounts, terms and timelines.
Short-term alimony solutions
Some marriages last a few years or even a few months. Courts may award limited duration alimony to ensure the recipient has a financially supported set of time to find gainful employment. This is particularly fitting if the recipient is young and employable.
Another option is alimony in the pursuit of training the recipient in a skillset. Some spouses lack the necessary education to secure reasonable income and so rehabilitative alimony assists the recipient in securing enough schooling to attain it.
Long-term alimony solutions
Conversely, spouses may have supported their exes through advanced schooling by either paying their tuition or taking care of the family while the went to school. The courts can award reimbursement alimony and determine a specific amount for one spouse to pay the other back for their support during the marriage.
The type of alimony seen in the media is often open durational alimony. One spouse owes the other this type of alimony for as long as the recipient has a valid reason for why they cannot support themselves.
Alimony is a tool for financial security after separation, but knowing what types are available to your specific circumstances may make all the difference between a smooth or rocky parting.