Bill > HB1036

This bill modifies the existing law regarding term alimony by establishing a maximum duration of 8 years, regardless of the length of the marriage. Currently, term alimony could be set at up to 50 percent of the marriage's length, but this bill places a firm cap at 8 years. The legislation allows for exceptions if both parties agree to a different arrangement or if the court determines that justice requires a different approach. The bill specifically states that term alimony automatically terminates if the recipient remarries, unless the original alimony order explicitly states otherwise. These changes are set to take effect on January 1, 2027, giving courts and individuals time to prepare for the new guidelines. Term alimony, which is a type of spousal support paid for a predetermined period, is designed to help a lower-earning spouse transition to financial independence after a divorce.

Justice

https://gc.nh.gov/bill_Status/billinfo.aspx?id=2005&inflect=2