Retirement is a significant life change that can have far-reaching implications, including its effect on alimony payments. At McBrien Armistead Law Group, we understand that the dynamics of alimony after retirement can be complex and overwhelming. That’s why we’re here to guide you through the process and help you understand how to get your alimony reduced at retirement.
After years of hard work, retirement should be a time of rest and enjoyment. But for those paying or receiving alimony, it can bring about financial uncertainties. Alimony after retirement is not automatically adjusted. It continues based on the terms set during the divorce unless there’s a significant change in circumstances – like retirement. Retirement often results in a reduction in income, making it challenging for the alimony payer to meet their obligations.
On the other hand, the recipient might still depend on those payments to meet their needs. This situation calls for a fair reassessment of alimony payments. At McBrien Armistead Law Group, clients often ask, “How can I get my alimony reduced at retirement?” Here are the steps to consider:
Review Your Divorce Decree: The first step is to review your divorce decree. Some agreements may include provisions about changes in alimony after retirement.
Consult With a Lawyer: If your divorce decree doesn’t provide clear guidelines, it’s time to consult with an experienced family law attorney. They can help you understand your options and the best way forward.
File a Motion: If you have a valid reason for reducing alimony payments, such as a significant decrease in income due to retirement, you may need to file a motion in court.
Provide Evidence: You’ll need to provide evidence of your change in financial circumstances. This might include documentation of your retirement, your new income level, and your current expenses.
At McBrien Armistead Law Group, navigating alimony after retirement can be complicated. We’re dedicated to helping our clients understand their rights and options, providing clear guidance on reducing alimony at retirement, and advocating for their interests in court. No matter where you are on your journey, we’re here to help. Our experienced team will work with you to protect your financial security as you transition into this new phase of life. Don’t navigate these waters alone.
Contact us today to learn how we can assist you with alimony after retirement.