Question Details:I am retired with a monthly pension income of $3500; my wife's salary is $750 per month. We have been married 34 years. What will be my alimony to her? I opted out for social security but she will have social security benefits. We have no minor children or a home. I am only interested in an estimate of monthly alimony.
Alimony was created to assist a spouse who lost the opportunity to advance his or her career during the marriage. The purpose of alimony is to assist that spouse in maintaining a comparable life style that he or she shared while he or she was married. Some of the factors that a court will consider in determining whether or not to award alimony include, but are not limited to, their resepctive ability to pay, the duration of the marriage, the age and health of the parties, the standard of living during the marriage, their earning capabilities and employability and equitable distribution of the marital property.
It is difficult to answer your question without knowing your lifestyle, how much Social Security she will recieve and what her needs (or expenses are).
You should speak with an experienced attorney who is familiar with these areas of law.
Brad M. Micklin, Esq.
187 Washington Ave., Suite 2F
Nutley, NJ 07110
This information is based on New Jersey law and upon the limited facts you presented. My advice may be different if I find that the facts presented are different. Additionally, this answer does not contain any confidential information nor does it create any attorney/client relationship.