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August 13, 2015 By Carrie S. Schultz, Esq.

High-profile case helps to clarify New Jersey alimony laws

Person stacking coins
The New Jersey Supreme Court recently ordered a trial court to rethink a case that limited support the ex-wife of a prominent Deutsche Bank executive received. Elizabeth and James Gnall, the bank’s chief financial officer, were married 15 years before a 2008 divorce. A trial court felt the length of marriage was too short to award permanent alimony.

The court ordered the former husband to make $18,000 per month payments to his former wife for 11 years. Elizabeth Gnall appealed. A panel reversed the ruling claiming the 15-year union was not a short-term marriage.

The state Supreme Court took up the case and criticized the appellate court for “creating a bright-line rule” defining what was and wasn’t a long-term marriage. The high court felt the true problem was the trial court’s failure to take other important factors into consideration when making the alimony determination.

ATTORNEY CARRIE SCHULTZ DISCUSSES NEW JERSEY DIVORCE LAWYER DISCUSSES GROUNDS FOR DIVORCE

New Jersey spousal support guidelines help judges decide whether and how much alimony is necessary and how long an ex-spouse should receive it. Some awards reimburse a spouse for sacrifices made for a partner during marriage. Others provide limited support so a spouse can recover financially from divorce or gain skills to get a job.

The state Supreme Court ruled permanent alimony should be considered before limited support. Family courts were directed to find good reasons to make awards temporary and not make decisions without examining other statutory factors, like the parties’ health conditions or spousal earning capacities.

Elizabeth Gnall had brain surgery, which left her face partially paralyzed in the year before her marriage started to crumble. She suspended a computer programming career in 1999 to care for the couple’s three children. James Gnall has worked at Deutsche Bank since 2003, where he now earns an estimated $1.5 million annually.

Family law attorneys are aware alimony guidelines are interpreted differently by different judges and can advise clients how to pursue support claims.

Source: Courthouse News Service, “Deutsche Bank CFO’s Alimony Parsed in NJ,” Nick Rummell, July 29, 2015

Attorney Carrie S. Schultz

Carrie S. Schultz, Esq. – author

Thank you for visiting our site. We realize that if you are reading this, you or someone you know is having marital or family difficulties. We truly understand how unsettling that can be for all involved. I personally want to invite you to explore the website which contains a lot of informational and educational items which I hope is of benefit to you. I also welcome you to contact us to schedule a consultation to discuss your matter in greater detail. Our firm philosophy is to always remain committed to providing our clients with the best service, care, guidance, communication, and legal advice possible for your particular situation. We take seriously you entrusting us with your legal matter. Happy researching! Attorney Bio

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