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Alimony Reform Requests Increasing

By
Real Estate Agent with Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales 3090099

Alimony Reform Requests Increasing from Seniors

alimony reform

Many seniors who were divorced decades ago are still required to make high alimony payments. Sometimes, that means they can't afford to retire or that they can't afford to pay for a good nursing home if they have a physical or mental illness.

Many states are reexamining their alimony laws. Last fall, Massachusetts passed a new law that creates different types of alimony with varying durations. It depends on the length of marriage and the finances of each spouse.

The law allows those paying alimony to modify their terms later and calls for ending payments if the recipient has a live-in mate, or in most cases, when the payer reaches retirement age.

A similar bill in Florida is moving through committees, and in New Jersey, a bill has been introduced to study alimony laws.

In Connecticut, Virginia, Arkansas, South Carolina and North Carolina, advocates of change are organizing online. The percentage of women in the workforce has grown to 59 percent since 1979, and their average wage is $35,000.

In some states, alimony can last for 50 years or more.  


Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Interesting Gabe. This was something I was not aware of. I thought alimony often stopped when the children left for college.

Cal

Mar 26, 2012 09:04 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Cal, child support stops, but alimony normally doesn't.

Mar 26, 2012 09:57 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for your comments, always appreciated.

Sep 18, 2015 05:25 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Hi Cal, thanks for taking the time to comment it is always appreciated.

Jun 22, 2018 05:41 AM