This bill amends the existing law regarding term alimony by establishing a maximum duration of 8 years, unless the parties involved agree to a different term or the court determines that justice necessitates an adjustment. Specifically, it modifies RSA 458:19-a to state that the maximum duration of term alimony shall be 50 percent of the length of the marriage, but not to exceed 8 years. This change aims to provide clearer guidelines for courts when determining alimony duration, ensuring that it does not extend indefinitely without just cause.
Additionally, the bill specifies that term alimony will conclude upon the remarriage of the payee, unless there is a prior agreement between the parties that states otherwise. The new provisions will take effect on January 1, 2027, allowing time for individuals and legal professionals to adjust to the updated regulations surrounding term alimony.
Statutes affected: Introduced: 458:19-a
HB1036 text: 458:19-a