You are in the process of getting divorced, and naturally, one of your biggest concerns is how you will support yourself in the years ahead. After all, your spouse was the sole breadwinner during your marriage.
The good news is that you may be able to receive alimony from your soon-to-be ex as part of your divorce settlement. In fact, rather than receiving traditional monthly payments, you could take a single lump-sum payment of alimony if you prefer, and if your spouse agrees to this. Here is a look at how a lump-sum payment of alimony works in New Jersey.