Posts tagged with "ex-wife"

Alimony Alert- September 9, 2011

On July, 11, 2011, following trial in a Stamford based dissolution action, Judge Wenzel awarded the defendant wife both periodic and lump sum alimony. Pursuant to Judge Wenzel’s orders, the plaintiff husband is obligated to pay to his now ex-wife $3,000.00 per month for a period of three years (from August 1, 2011 through July 31, 2014). With respect to lump sum alimony, the plaintiff must pay his ex-wife $100,000.00 in four equal installments of $25,000.00. The payments are to be made on August 15, 2011, December 15, 2011, April 15, 2012 and August 15, 2012.

The Court found that the parties were married on May 30, 2007 in Westport, Connecticut. The husband is an attorney, and when the parties married, earned over $300,000.00 per year. In 2008, he received a total of $537,000.00 in income which included a substantial severance package. Since 2008 he had been working forty hours per week as a temporary attorney earning approximately $75.00 per hour. The defendant wife was employed in the advertising industry for 31 years, but was terminated just before the parties’ marriage. During the marriage, however, she worked in publishing and advertising. The court did not make a finding as to the defendant’s actual earnings or earning capacity except to the extent that it noted she earned far less than the plaintiff. At the time of trial, the defendant was unemployed and receiving unemployment compensation in the amount of $2,150.00 per month. Each party has two children from previous marriages, but none from their marriage to one another.

In fashioning its alimony award, the Court noted that it considered the factors set forth in Connecticut General Statutes §46b-82. Although it did not state which of those factors it relied upon, it appears the Court did not assign fault to either party. The Court did note, however, that although the defendant has an earning potential, it is far more limited than that of the plaintiff, and she has far fewer resources to rely upon. The Court further stated that its periodic alimony award is meant to help the defendant rehabilitate both in terms of her job skills as well as her physical and emotional condition.

Alimony Alerts are prepared by Michael D. DeMeola of Maya Murphy, P.C.

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Our family law firm in Westport Connecticut serves clients with divorce, matrimonial, and family law issues from all over the state including the towns of: Bethel, Bridgeport, Brookfield, Danbury, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, New Fairfield, Newton, Norwalk, Redding, Ridgefield, Shelton, Sherman, Stamford, Stratford, Trumbull, Weston, Westport, and Wilton. We have the best divorce attorneys and family attorneys in CT on staff that can help with your Connecticut divorce or New York divorce today.

If you have any questions or would like to speak to a divorce law attorney about a divorce or familial matter, please don’t hesitate to call our office at (203) 221-3100. We offer free divorce consultation as well as free consultation on all other familial matters. Divorce in CT and divorce in NYC is difficult, but education is power. Call our family law office in CT today.

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In Post-Judgment Matrimonial Action, Court Denies Motion to Modify Life Insurance Policy

In a recent post-judgment dissolution of marriage action pending in the Judicial District of Stamford, the Court denied an ex-husband’s motion to modify his life insurance policy, even though it modified, and drastically reduced, his alimony obligation. By way of background, the parties’ marriage was dissolved on November 5, 1999 after they entered into a separation agreement. Pursuant to that agreement, the Husband was obligated to maintain a life insurance policy with a face amount of $250,000 naming his ex-wife as an irrevocable beneficiary thereof. At that point, the ex-husband’s net monthly income was $9,829.51.

At the time of the post-judgment hearing, the ex-husband was sixty-six years of age, retired and in declining health. His net monthly income was $1,357.17. The Court found that the reduction in his income and decline in his financial condition since the date of dissolution constituted a substantial change in circumstances, and reduced his alimony obligation from $6,270.00 per month to $2,500.00 per month. The ex-husband requested that the Court reduce his life insurance obligation accordingly.

In its decision, the Court noted that although a life insurance policy is ordinarily considered property subject to distribution, and thus is ordinarily non-modifiable, where it is awarded as security for alimony, it is modifiable upon a substantial change in circumstances. Nevertheless, the Court denied the ex-husband’s motion, finding that even the policy of $250,000.00 did not provide adequate security given the ex-wife’s life expectancy as compared to the new alimony Order of $2,500.00 per month. The Court also found that the ex-husband may no longer be insurable, and, therefore, if the alimony was increased or the modification reversed upon Appellate review, the ex-husband would be in a potentially impossible position of having to acquire a new life insurance policy.

Should you have any questions regarding matrimonial matters, please do not hesitate to contact Michael D. DeMeola, Esq. He can be reached by telephone in the firm’s Westport office at (203) 221-3100 or by e-mail at mdemeola@mayalaw.com.

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Our family law firm in Westport Connecticut serves clients with divorce, matrimonial, and family law issues from all over the state including the towns of: Bethel, Bridgeport, Brookfield, Danbury, Darien, Easton, Fairfield, Greenwich, Monroe, New Canaan, New Fairfield, Newton, Norwalk, Redding, Ridgefield, Shelton, Sherman, Stamford, Stratford, Trumbull, Weston, Westport, and Wilton. We have the best divorce attorneys and family attorneys in CT on staff that can help with your Connecticut divorce or New York divorce today.

If you have any questions or would like to speak to a divorce law attorney about a divorce or familial matter, please don’t hesitate to call our office at (203) 221-3100. We offer free divorce consultation as well as free consultation on all other familial matters. Divorce in CT and divorce in NYC is difficult, but education is power. Call our family law office in CT today.

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