If you are paying permanent alimony to a former spouse, you should be aware of the grounds for seeking a court order reducing your obligation versus the suspension of your obligation. Generally, a payor of alimony is entitled to a reduction in alimony payments if there has been a substantial change in his or her […]
Tag: Alimony
Is A 401(K) An Asset Or A Source Of Income?
Consider this scenario: ten years ago, when the parties were still employed and working, the court awarded to each of the parties one-half of the husband’s retirement account. The court also awarded permanent alimony to the wife. Now, ten years later, the former husband has retired and is taking distributions from his retirement account. In […]
Alimony and Supportive Relationships
Those of you who pay alimony should be aware that your alimony obligation could be reduced or terminated by the court if the court determines that since your divorce, a supportive relationship has existed between your former spouse and the person with whom your former spouse resides. In evaluating whether a supportive relationship exists between […]