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New Alimony Statute Being Considered

A new statute is being considered in the New Jersey Senate, sponsored by Republican Senator Sean Kean.  Kean is proposing a statute that would automatically allow modifications of alimony when a payor loses his job or retires.  This would be a plus to those who pay alimony, who may lose their job or retire, but may not be helpful to the recipient of alimony who depends on the monthly payments to pay his/her bills each month.  In Massachusetts, a similar statute was recently enacted.  It will be interesting to watch what happens with this proposed statute.  I will keep you posted.

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Divorce Mediation – Success Stories

Divorce mediation and be an economical and satisfying way to resolve your issues with your spouse. Both parties meet with the mediator and the mediator assists the parties in reaching an agreement that the parties can live with. In cases where the finances are not complicated and the parties hope to maintain an amicable relationship post-divorce, mediation can be a good choice. There are many divorce mediators out there. Many are not divorce lawyers. Some mediators are former social workers, real estate agents and therapists. It is best to have a divorce mediator who is familiar with divorce law and your rights at the end of your marriage. Laura D’Orsi, is a divorce attorney who also works as a divorce mediator and can assist you and your spouse in reaching a resolution.

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Baby Boomer Women Are Unprepared for Retirement

The Sunday Star Ledger on June 18, 2011 ran an article that indicates that baby boomer women are unprepared for old age. The group who shattered glass ceilings, enrolled in colleges for the first time, and others who stayed home to tend to families are ill prepared for retirement. Many women face obstacles such as the death of a spouse, divorce or disability and have to reenter the work force in their later years. They are shocked to learn that they can only make $10.00 an hour.

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