Divorce is one of the most difficult times in anybody’s life. Between the emotional and financial stress of it all, many former spouses want nothing more than for the process to end. However, though divorce is a daunting matter, it is worth reading up and hiring an experienced attorney to maximize your chances of winning the terms you desire and need.
Very often, spouses cannot agree on the terms of their divorce, which causes their divorce to enter litigation. When this happens, both spouse’s marital assets are subjected to equitable distribution, which, as you probably already know, does not necessarily mean “equal.” Courts will consider various aspects of your lives when divvying your assets, including whether you have children, your age and health, and more. However, spouses often do not consider how the length of their marriage will also play into the ultimate division of their assets.
The truth is, the duration of your marriage may be one of the deciding factors when determining “who gets what.” Please read on to learn more about how your marriage’s duration may affect the outcome of your divorce, and what our firm can do to help.
Does the length of my marriage affect alimony payments?
Simply put, if you are the dependent spouse in a marriage, the longer you were married, the longer the duration of alimony payments you will receive. Of course, this is only generally the case, meaning courts will evaluate several aspects of you and your spouse’s circumstances, financial and otherwise, before ultimately making their decision. This is why it is so important you hire an experienced attorney who, for example, can effectively prove you need more significant alimony payments, even if your marriage was on the shorter side.
Will the length of my marriage affect who gets to keep the house?
The length of your marriage is also a determining factor when deciding who keeps the house. Most often, the financially dependent spouse will be awarded the house and a greater portion of marital assets. New Jersey courts seek to achieve a balance so that both former spouses can live a quality of life similar to that of before getting divorced.