Consideration of the financial savings element for alimony funds

The New Jersey courts have recognized that a savings component may be part of alimony. New Jersey is among a minority of states where savings habits during a marriage may be considered when determining alimony payments. While courts recognize and take into account marital savings when it comes to alimony, the problem still arises in many high-net-worth divorces.

Savings as part of the marital lifestyle for alimony payments

In Lombardi vs. Lombardi, 447 NJ Super. 26 (App. Div. 2016), the New Jersey Supreme Court, Appellate Division held that regular savings as part of a couple’s marital lifestyle should be included as a component in determining alimony. The court found that this is true even if it is not necessary to protect the recipient’s ability to receive child support payments.

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