How Your Retirement May Impact Your Florida Alimony Obligation

Life is full of many twists and turns, many of which can have financial consequences. When you experience a turn in your life that reduces your income, and you are under an existing court order to pay your ex-spouse alimony, that downturn in your income may result in an alimony payment that is too large. In some circumstances, you may be entitled to obtain a court order that lowers your alimony payments (or even ends them altogether). There is, however, a specific way that you must go about seeking this modification, so it is definitely worthwhile to have knowledgeable South Florida counsel on your side. R.B. was a man in such a position of change. In 2015, he was close to retirement. 10 years earlier, he and his wife, B.B., had divorced. In the couple’s 2005 marital settlement agreement, the husband agreed to pay the wife $5,500 per month in permanent alimony. The agreement said nothing about either’s spouse’s future retirement. R.B. sought a reduction of his…

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