{"id":2497,"date":"2016-11-07T11:35:09","date_gmt":"2016-11-07T16:35:09","guid":{"rendered":"http:\/\/www.lindabury.com\/firm\/?p=2497"},"modified":"2016-11-07T11:38:30","modified_gmt":"2016-11-07T16:38:30","slug":"alimony-statute-amendments-2014-can-applied-divorces-finalized-years-earlier","status":"publish","type":"post","link":"https:\/\/www.lindabury.com\/firm\/insights\/alimony-statute-amendments-2014-can-applied-divorces-finalized-years-earlier.html","title":{"rendered":"Alimony Statute Amendments From 2014 Can Be Applied To Divorces Finalized Years Earlier"},"content":{"rendered":"<p>Today\u2019s current economic reality is one of great uncertainty, especially when it comes to employment. Employees who could count on receiving an annual cost of living adjustment or performance bonus no longer have that luxury, nor the security that their years of experience and training will translate into an equal or higher-paying position should they lose their job. These realities of employment cut across the entire New Jersey labor market, yet they have an even deeper impact when faced by divorced individuals with existing alimony obligations.<\/p>\n<p>Alimony, which is sometimes referred to as spousal support or maintenance, is defined as the obligation upon one spouse to provide financial support to his or her spouse before or after marital separation or divorce. In 2014 the New Jersey Legislature passed, and the Governor signed, an alimony reform bill which \u201cmodernized\u201d how alimony awards are to be calculated. One change in the new alimony statute deals with how judges can interpret cases where the payor of alimony attempts to lower or all together eliminate their alimony obligations due to job loss.<\/p>\n<p>Recently, a Superior Court judge in New Jersey rendered a decision effecting thousands of divorced spouses in our state. The judge\u2019s ruling confirmed for the first time that the 2014 alimony overhaul would not just apply to individuals divorced since the revisions were enacted two years ago, but to all divorced individuals currently paying or receiving alimony.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.lindabury.com\/firm\/insights\/alimony-statute-amendments-2014-can-applied-divorces-finalized-years-earlier.html\"  title=\"Continue Reading Alimony Statute Amendments From 2014 Can Be Applied To Divorces Finalized Years Earlier\" class=\"more-link\">Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s current economic reality is one of great uncertainty, especially when it comes to employment. Employees who could count on receiving an annual cost of living adjustment or performance bonus no longer have that luxury, nor the security that their years of experience and training will translate into an equal or higher-paying position should they [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[246,65,93],"tags":[],"coauthors":[186],"class_list":["post-2497","post","type-post","status-publish","format-standard","hentry","category-divorce-family-law-insights","category-insights","category-mcglew"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Alimony Statute Amendments From 2014 Can Be Applied To Divorces Finalized Years Earlier &#8212; November 7, 2016 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. Firm News &amp; Events<\/title>\n<meta name=\"description\" content=\"Today\u2019s current economic reality is one of great uncertainty, especially when it comes to employment. Employees who could count on receiving an annual\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lindabury.com\/firm\/insights\/alimony-statute-amendments-2014-can-applied-divorces-finalized-years-earlier.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alimony Statute Amendments From 2014 Can Be Applied To Divorces Finalized Years Earlier &#8212; November 7, 2016 &#8212; Lindabury, McCormick, Estabrook &amp; Cooper, P.C. 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