Alimony in NJ: Bermeo v Bermeo and Post Judgment Modification

For long-term relationships, the question of alimony in NJ is often hotly contested in a dissolution of marriage case. In a recent New Jersey Case, Bermeo v Bermeo, the court decided whether or not to increase alimony payments after a property settlement agreement. The parties got married in 1986. Their two children were both adults at the time of the divorce. The parties settled, and the final judgment of divorce incorporated the agreement. The alimony provisions required the defendant to pay plaintiff $4,000.00 each month based on his imputed income of $160,000.00, as well as various percentages of his supplemental compensation, such as bonuses, stock options, and commissions. Notably, the agreement also stated that the parties enter the agreement with the understanding that they will not be able to enjoy a similar lifestyle after the divorce, and waived a determination of the joint marital lifestyle. The defendant had enjoyed high compensation during the marriage; however,…

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