Voluntary retirement didn’t terminate alimony

Posted by Weinstein in Blog, Divorce, Divorce Mediation & Collaborative Law, Estate Law, Family Law with Comments Off on Voluntary retirement didn’t terminate alimony

If you’re thinking about retiring, don’t just assume that your alimony will end when you do so. You’ll want to discuss this with an attorney to make sure you know your rights, and obligations.

The highest court in Massachusetts recently held that voluntary retirement doesn’t necessarily mean that the obligation to pay alimony ends – even if the person retires at or beyond the typical age of 65. In this case, a couple divorced after 32 years of marriage. Their divorce agreement required the husband to pay the wife $110,000 per year until his death or until she died or remarried.

When the husband turned 65, he voluntarily retired from his law practice, dramatically reducing his income.He then tried to terminate his alimony payments, but the court wouldn’t let him.

Instead, the court reduced his payments to $42,000, and said that the husband’s decision to retire was just one factor that a judge should consider when deciding whether to reduce or eliminate alimony obligations.

Comments are closed.

  • 150 White Plains Road, Suite 404 - Tarrytown, NY 10591
    Phone: 914.332.8824 Fax: 914.332.1744

Michael Weinstein - Attorney at Law